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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
100% financing on a 150k mortgage, no down would be almost 898, not 485. You would have to have 69k down, or defer a whole lot in interest to have a morgage at 485.
ReplyDeleteThese boys need to revise their ad if they want to get into the San Diego market.
ReplyDeleteTheir highest loan amount shown ($375,000) is about $200,000 shy of the lowest priced house in San Diego!