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September 18, 2005

Real Estate Prices

I'm seeing lots of posts indicating that banks and mortgage brokers may be culprits in high housing prices.

Banks have pushed up the value of homes since they make more money for selling larger loans. not to mention that they have no risk since they sell the mortgages after they sell them to consumers. the loans they try to sell are risky as you can read below…

 

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Posted on September 18, 2005 06:38 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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