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Mortgage Rates Heading Near 7% -> Housing Rebound Imminent

I know that headline sounds like a joke, but this is what the pundits want you to believe. The banks are ok because housing is going to be fine, just let the government interfere a bit more and they can fix that problem as well. With their normal efficiency. Sorry - not going to happen - we have a long way to go, median prices need to fall a long way [What Should Median Home Prices be Today?]…
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  24 July, 2008| Fundamental Analysis | @ 9:28

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