Re: Mortgage loans
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Originally Posted by project15
They may not have known that there was a huge gamble.
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True. I should have said they SHOULD have known it was a huge gamble. If you take a huge mortgage without understanding the terms, that's nobody's fault but your own. You can't depend on the bank to explain the downside.
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Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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