Depressed housing market is good news for renters
Story date: 2008-02-07 02:12:00
Added on: 2008-02-07 02:45:39
Fort Lauderdale Sun-Sentinel - By comparison, the monthly payment — principal and interest, plus estimated taxes and insurance — on a $300,000, 30-year mortgage at 6 percent, would cost you $2,526. In this environment, competing landlords simply cannot raise their rents. "In ...
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