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Indeeed. She says right at the beginning: > I put 10% down and got a 5-year interest-only mortgage for about $576,000 [...] That's a huge and leveraged to alm
by alecco 18y ago
Indeeed. She says right at the beginning:
> I put 10% down and got a 5-year interest-only mortgage for about $576,000 [...]
That's a huge and leveraged to almost the maximum bet. We are all busted now just because of that crowd. And now we have to bail them out? (because it affects all of us, specially the savers as interest rates are practically zero.)