If those under the water can refi, a lot of them will prefer to keep their current homes because the mortgage is now more affordable. So the housing market will be stabilized. Am I right thinking this way?
what effect will this new policy have on the housing market?
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people are already in low rate. as long as
-pediatrician2-
♂
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09/28/2010 postreply
23:30:33
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Agree. The job market is the determining factor.
-doubledelight-
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09/29/2010 postreply
00:33:46