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Do you have a sub-prime mortgage? Will interest rates go higher than prime mortgages?

Tuesday Aug 19, 2008


absolutely

4 Comments »

Scuba Steve:

absolutely
References :

August 16th, 2007 | 2:51 am
Leonard L:

No.

Anyone who bought a home within the past few years, and was stuck with a variable rate of interest, will probably have to abandon that home now that it's value has dropped, and the mortgage company wants to tack on more interest.

I pity those who had to buy in the last few years of a dizzy wild ride.

Nobody knows how bad it can get.
References :

August 16th, 2007 | 2:53 am
P J:

I suggest you do a search on the term subprime mortgage.

The answer is so obvious as not to have necessary to even ask.
References :

August 16th, 2007 | 2:53 am
Mary B:

Subprime rates were higher than prime rates before the issues with Wall Street, so nothing is new with that.
References :

August 16th, 2007 | 5:42 am
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