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Did NOW's segment on "interest only" mortgages [View All]

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serryjw

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Fri Aug-26-05 11:06 PM
Original message

Did NOW's segment on "interest only" mortgages

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remind you of the Enron greed. Did we not learn "if it's too good to be true.....". This Young couple would comfortably afford a $200K house and buys a $900K house! This reminds me what experts say about investing in jewelry or art.......It's value is WHAT someone is willing to pay for it. How much MORE can it go up before NOBODY cab afford it?

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