The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (8044)	1/10/2003 11:23:52 PM
From: J. P.	Read Replies (1) of 306849

Everyone is so enamored of the low interest rates. Nobody seems to care about the total price paid for the house, but the monthly payments. I'd rather have higher interest rates and lower prices because I have no intentions of carrying out the payments 30 years. Everyone is so worried about saving 200 bucks a month on the mortgage payment, but they have no problem paying 300K in interest.

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