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Detailed text transcripts for TV channel - FOXNEWS - 20100819:20:34:00

Or you refinanced, which a lot of people did and pulled the equity out, both those people had no equity in 06. by 2008 and 2009, the mortgage rates stayed in the 6s. the bottom line is when the rates came to the 5s and 4s, anybody who has negative equity is stuck with the 6 1/2% mortgages and banks wont refinance because of the negative equity. >> neil: thats holding back a lot of folks from taking advantage of the record. i cant believe that. when my wife and i bought our first place there was ...
Mortgage Rates Equity Out Neil Cavuto Negative Equity Bottom Line 6 1 2

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