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Non-Tech : The Woodshed
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To: TH who wrote (20202)1/19/2005 10:53:40 AM
From: steve from ihub  Read Replies (2) of 60910
 
did you see yesterday fannie is testing out 40 year mortgages in a few markets. those folks will never get any equity as most move in 7 years or less. principal build up is prolly in the 3% range in the first 7 years.
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