I wanted to share a little story I heard yesterday from one of my Bank Reps that not only frightened me, but angered me a little. If anyone has any insight I would love a contribution. So, I am talking with my rep about what they are saying, what is new on their end, and they told me a story about a friend of their's that bought a new construction house about 2 years ago, in the San Francisco Home Market that they financed with a 2 year fixed through the Builders finance broker. The friend bought this new beautiful house for X dollars, which though it is a lot of money, has been the norm for such a nice area, great schools, great employment....everything. So, the builders in this community built a lot of homes in this area, and continues to build. The builders have built soooo much ...
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