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May 29, 2005
The Skinny On Fat Real Estate
Interesting perspective on low mortgage rates and the impact on the economy:
Me: “Or, you could re-finance like many of your neighbors, and take out extra money to pay for college or buying another property… or anything you decide to do. Mortgage rates are as low as I’ve seen them in 40 years. In fact, cranking the new equity out of their homes is exactly what kick-started the economy out of the doldrums a year or so ago, no matter what Bush claims about his tax cuts.”
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Posted on May 29, 2005 09:26 AM by Mortga80.
Filed in Mortgage Calculator under mortgage rates.
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