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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bozwood who wrote (4686)8/26/2002 3:54:21 PM
From: TradeliteRead Replies (3) of 306849
 
Boz...OK, I'll repeat my quote that YOU adequately explained on your very own by providing some figures showing similar monthly payments for two vastly different mortgage plans.

I'll repeat my quote, below, and then you explain what you posted in response, as if it needs any further explanation and wasn't clear already.
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"If the market price of your home should fall by 20-25 percent, but the next buyer has to pay higher interest to own it, that buyer won't come out much or any better than you, financially."
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