sigh..
the sad thing is... you are absolutly correct on this one...
the bankers...
remember the housing market boom few years back?
back then, they came up with all these 'special financing' and 'low interests financing' plan to attract more people borrowing much more than they can afford to buy houses
you could buy a house with 10% down, 5% down, 0% down, or.. better yet.. you can even do -5% down to start your home!
-5%!!
thats what.. that like saying..
"ok.. i don't care right now if u have $ or not.. but i just want your business.. i'll even give you back $, so that you can pay your closing costs and all those fees.. BUT.. remember.. i just want your business and lend you $"
and.. now.. since the interests rate jumped higher..
people start to feel the pain of those $ that they borrowed..
sigh.. and.. at the end..
just like you said.. its all those 'experts' who came out as winners to this entire game