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October 11, 2006
California Home Market Rebounds with Declining Mortgage Rates for Refinance & Home Equity
"The market is as vulnerable today as the last time we had this stretched affordability in 1989," says David Rosenberg, a Merrill Lynch economist. "It might not be on the same par as the equity bubble in the late 90's, but it's not far off." According to loan officer Lynda Nelms, "second mortgage and home equity loan rates may continue to drop." Will the declining rates spark a California housing market
From California Home Market Rebounds with Declining Mortgage Rates for Refinance & Home Equity
Posted by Doug at October 11, 2006 04:55 PM
