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To: No Mo Mo who wrote (306730)5/10/2005 11:25:46 PM
From: 10K a day  Read Replies (1) | Respond to of 436258
 
if 50 percent of CA loans last year were interest only. and the market falls a mere 10 percent. Just think if you bought a 800 K home for example. Your suddenly underwater 80 grand...suddenly it's not fun to flip houses..