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Welcome to SportTrac.Org
Off Topic Discussion
Mortgage Questions
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<blockquote data-quote="Les " data-source="post: 767595" data-attributes="member: 63046"><p>TJR, of course if you can borrow money at 5% to make 10% you would be a fool not too. With this I agree with you, however to "most" people their house is their only investment. If this theory could easily be put into practice, there wouldn't be the foreclosure crisis that exists today. All of these people would just refinance and invest the "extra" savings. By the way, name me 5 investments that can easily earn 10% with minimal risk, I would be interested...</p></blockquote><p></p>
[QUOTE="Les , post: 767595, member: 63046"] TJR, of course if you can borrow money at 5% to make 10% you would be a fool not too. With this I agree with you, however to "most" people their house is their only investment. If this theory could easily be put into practice, there wouldn't be the foreclosure crisis that exists today. All of these people would just refinance and invest the "extra" savings. By the way, name me 5 investments that can easily earn 10% with minimal risk, I would be interested... [/QUOTE]
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Welcome to SportTrac.Org
Off Topic Discussion
Mortgage Questions
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