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Old 08-13-2010, 01:11 PM
Lady Flipper Lady Flipper is offline
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Default Super low mortgages
Mortgages are way down these days. I remember when 18% was the norm.

I just read here: http://money.cnn.com/2009/10/08/real...ates/index.htm

Quote:
Home mortgage rates fell for the sixth straight week, according to two key measures, with one of them pointing to a sub-5% rate for the 30-year fixed loan for the second week in a row.
Rates below 5% - all I can say is WOW.

If you have money these days, it sure is the time to buy. Also a great time for flipping with all the foreclosed homes sitting around...
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5% mortgages, low mortgage rates, time to buy

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