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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: THE ANT who wrote (73801)9/10/2010 10:23:40 AM
From: elmatador   of 74559
 
"Here in Brazil, the average loan to value is 60%," Mr Crestana reasons, referring to how much money is borrowed in relation to the total value of the property.

"In the United States it could reach up to 120% or 130%."

Mortgages fuel Brazilian housing boom
Message 26812156
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