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Pastimes : Discussion Thread

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To: TimF who wrote (2570)11/7/2008 2:22:49 PM
From: c.hinton  Read Replies (1) of 3816
 
also consider the inverse relation between interest rates and house prices.....

a home buyers purchase on credit is limited to the monthly payments he can make.

less spendable income means he can only afford a smaller mortgage

answers.yahoo.com
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