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Greg Bacon

ABOUT THE AUTHOR: Greg O. Bacon President of MXMRQ Corporation is a former sales and operations manager for Coldwell Banker Real Estate and is the author of the ePackage: Warrior Economics Taking Back Your Home Selling Profits! A Complete For-Sale-By-Owner Program. For more information about this owner-based marketing system or the author click on: http://www.MXMRQ.com
Articles by this Author
» Home Owners In Trouble! Real Estate Bubble Rising Interest Variable Rate Loans Concern Fed.
By Greg Bacon | Published 10/18/2005 | Loans | Unrated
Hurricane Katrina floods earthquakes high fuel prices shrinking pocketbooks and now worries over variable interest rate loans are discussions heard throughout the nation. With mounting concerns by the Fed over rising inflation there is a serious push to increase the current rates of interest. This may help to curb inflation but will also have a devastating effect for millions of homeowners tied to variable interest rate loans. As rates go up so do most underlying mortgage payments placing an even greater stress on those who want or need to sell their property.
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