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John Pseudonym
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Definitely a lending drought in my state of Iowa.
Apr 28 09:42 am
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All Comments by John Pseudonym »What US Stagflation Means for Asian Markets [View article]
Iowa is not a subprime mess and home prices have held steady for the most part (although I still say way overpriced).
Still, Wells Fargo Bank just cut off Iowa's largest home builder from their line of credit sending the builder into bankruptcy.
I did recently receive a home equity loan offer through the mail though. CitiBank was willing to loan me up to $43,000 at the bargain rate of 18.75%...