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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (246598)5/4/2010 11:30:25 AM
From: John KoligmanRespond to of 306849
 
I've mentioned it here before, but we bought our first house with a mortgage in the 13% range. Back then a nice home where I lived could be had for around 80k, and in retrospect it was a good time to buy as rates crashed over the next few years, we refinanced, and housing prices went up strongly. Also, as to your question on Paulson's immunity, I found a bunch of articles stating that he requested it, but I really don't know what actually ended up in the bill.

Regards,
John