Im from Pasadena

Profile picture for Muddslide
and I've heard that a new ARM bubble, as well as, a credit bubble are ripe to burst. Is this true? Will it affect the real estate market??
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April 27 2009 - US
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Answers (1)

Profile picture for JillyG
ARM's right now are pretty close to conventional rates so it is best to go that way if you qualify. Properties are selling at low prices, and rates are as low as they have been since the 70's so it is an excellent time to buy as soon as the glut is gone then prices will rise as well as rates. JillyG
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April 27 2009
 

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