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If Dow loses 300 points is the best …?

to find a best loan for a mortgage? If I'm in a variable rate loan, is it better for me to stay or refinance to a fixed rate loan. I search for my school and I was wondering how the drop in dow effects houses in California. I do not understand the stock market. Is buying a house better than selling a house now? Thank you for take your time reading my poor understanding of the effects of the brand.

Dow fall did not affect mortgages, at least directly. However, if people start to take money from the purse, they need to put it somewhere, and one of the best places is on the U.S. market Treasury, which would cause the interest rate on the Treasury market down, and perhaps make the mortgage rates are falling. In addition, the housing market has cooled considerably, due to sub-prime mortgages start to blow. Right now it's a buyer's market in many parts of the country, so it is better to be a buyer now a seller, but housing prices could continue to keep falling until they get realistic again.

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