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Old 01-17-2011, 08:15 AM   #1653
chemgear
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Join Date: Feb 2010
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Quote:
Originally Posted by albertGQ View Post
Looks like the changes won't be coming into effect until March and April so we will see that frenzy afterall.
omgomgomg panic sales/purchase rush!

Yup, numbers will probably be a little wonky (on the upside I'd imagine) for several weeks.

EDIT:

Quote:
Originally Posted by fotze View Post
It says they will not back HELOC's etc, anymore? What will that mean? The banks will start jacking up the costs to cover the additional risks?
Perhaps a larger spread from the "prime" interest rate? What is it for most people, a full point?

Last edited by chemgear; 01-17-2011 at 08:24 AM.
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