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: wgh613 who wrote (18171)	3/5/2004 11:00:29 AM
From: Tradelite	Read Replies (1) of 306849

wgh613.....try this link for the tax info you need to know about refinancing. search.irs.gov If the link (which is quite long) doesn't work, just go to: irs.gov and type in the question box the phrase "refinancing a home". You'll get a bunch of info there. Good luck. And thanks for reinforcing something I've observed lately....no one ever seems to talk about having a 30-year mortgage anymore. It's more often a 15-year. Assume this means many Americans will be sitting on paid-off mortgages fairly early in life in the future, whereas a 15-year loan was too expensive to handle monthly by many people in the past. Also seeing references in news stories to the fact that some homeowners have 20-year loans. Those used to be unheard of. And Greenie is asking the mortgage industry to create even more types of loans to increase affordability? What for?

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