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09-29-2006, 10:09 PM #11
- Join Date
- Jun 2005
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In some areas, there's an abundance of new houses they can't sell even offering "specials".
There was a guy on Glen Beck talking about the housing slump.
Said that variable interest loans-or whatever they're called- have now gone up to 5% interest in some cases causing payments to increase 40% per month.
He urged everybody not to buy now & said it could take 5 years for the market to straighten out.Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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