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To: Roberts
If mortgage rates rise sharply or home prices fall, many homeowners could be in financial turmoil. They may be unable to service their loans, or even could find that their homes are worth less than their mortgages.

If you thought being upside down on an auto loan was bad.

3 posted on 08/27/2005 11:13:41 PM PDT by Paleo Conservative (France is an example of retrograde chordate evolution.)
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To: Paleo Conservative
If my house decreased by 50% it's still double in value.
32 posted on 08/28/2005 3:58:25 AM PDT by Caipirabob (Democrats.. Socialists..Commies..Traitors...Who can tell the difference?)
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