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  #21  
Old 05-04-2008, 02:12 PM
Tom Earp Tom Earp is offline
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Join Date: Mar 2000
Location: Kansas City, Kansas USA
Posts: 23,586
As the Fed drops rates, it seems to do little for housing rates and my banker says stay put.

80% at 6.25 and 20% at 10.025.

I own a whole duplex, both sides, 2 bed room that I live in and the other side is 3 bedroom. Both have a 1 car garage, 1-1/2 baths and family room with a fire place.

It was split and I have no clue why but it does become a pain in the rear!

Right now may be a price game for property, but the interst rates are not doing anyone a favor.
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