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11-28-2010, 02:21 PM
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mortgage rates and interest?
I don't understand why banks are still charging people high interest rates on home loans considering the financial situation and hard economic times in this country?Many people last their homes or walked out bc they couldn't pay a $100000 or a $150000 interest on a house on a 30 year or 20 year mortgage? I'm thinking that mortgage interest rates should be at the maximum 2 percent.
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