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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (202494)5/15/2009 5:39:35 PM
From: copper000Read Replies (1) of 306849
 
"so do i - that's why i'm taking out as much 4.75% money as i can for as long as i can. i plan on buying a 2nd home with that 4.75% money when everyone else is paying 10%+ money - likely at half the current home prices in socal."

So you're just sitting on this 4.75% money till you buy a house? Aren't you paying interest while you wait?
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