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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (47356)	1/27/2001 10:17:58 PM
From: Monty Lenard	Respond to of 77400

mindmeld, I am not I can agree with you on that. I understand what you say but the AVERAGE person who are buying homes (not all now... but the majority) plan to keep them for a lot longer than you do. 250k financed over 30 yrs at 6.75 = $583740 with 333740 being interest and monthly payments of $1621 250k financed over 30 yrs at 6.25 = $554304 with 304144 being interest and mthly payments or $1539 Now if they think it is going to go down another 1/2 point(which is what everyone in the market has their HOPES pinned to) 250k financed over 30 yrs at 5.75= $525214 with 274214 being interest and mthly payments or $1458 Quite a difference. Monty