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#23 |
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Registered User
Join Date: Jan 2006
Location: Germantown, MD
Posts: 2,782
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Re: $700 B Bailout
I did. I got it right at the beginning of the bubble at a 30yr fixed 5.5% rate. I locked it and stayed there. I never refinanced and took money out when my equity started to go through the ceiling. The average American is not financially savvy enough to know the loans the banks are selling were high risk.
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