REAL ESTATE: Credit spigot still open
Story date: 2007-10-13 02:21:00
Added on: 2007-10-13 18:22:59
Cullman Times - But low 6s are excellent, said Moody whose traditional 30-year fixed mortgage loan rate is around 6.25 percent. “Rates are not the problem,” he said. The problem is what Moody calls “exotic mortgages” — the adjustable-rate or interest-only ...
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