Tuesday, June 06, 2006

Housing Bubble About to Bust?

"On average, homeowners who have owned a home for at least three years feel that new mortgage interest rates will increase 1.6 percentage points over the next 12 months, with 50 percent expecting an increase between one and two percentage points. Sixteen percent anticipate a jump between three and four percentage points. "
Housing Bubble About to Bust? Consumers Say No in ING DIRECT National Survey:

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