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Real Estate
Reply to "There is no housing bubble in the DC area so get over it"
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[quote=Anonymous]I looked at that old article. Is a big difference now that no one is doing ARMs? Or do bank still do these? I simply don't know. Obviously they are a stupid concept, but the way I figure it, if someone is taking advantage of low interest rates now to buy, at least they wouldn't be in danger of not being able to afford their mortgage payment with a fixed rate loan, right? So what is the harm?[/quote]
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