May 26th, 2005

Mortgage rates take another fall

With Mortgage rates so low and home prices shooting up all around the country, everyone I know is getting into real estate. It reminds me a little of the dot com bust in the last 90’s. Everyone was buying yahoo and it would go up 30 bucks in 1 day.

I reckon this is not as bad, but when everyone is doing it and talking about it, it is usually towards the end of a cycle. Not that I know for sure…just my impression.

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