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Well, the Senate has passed a $15,000 tax credit for new home buyers and proposed a 4% mortgage rate, down from a whopping 5%. What happened to the good old days when people saved up money for a down-payment and paid 7.5%?
What bothers me is my life savings have disappeared while people who couldn't afford it bought homes they couldn't afford. But no one is even discussing how to take care of my problems.
I guess 62 is the new 52--looks like I'll be working until I die, now.
What about you?