Originally Posted by
Anthony
Of course it would happen instantly Rick, you know, that's how American's are now a days. It either happens in the short term or it never happened at all...
instant gratification.
my bad. i thought the dow would hit 15K for sure within a week.
it's going to take time to buy back the bad mortgage backed securities and free up credit. as to how long it will take, my guess is as good as yours. my guess is min 6 to 12months.