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Friday, March 21, 2008

My Monthly Mortgage Payment is Bigger Than Yours



New homebuyers are being more cautious. The typical monthly mortgage payment of February's buyers in the San Francisco Bay Area is a mere $2,446—down 15 percent from a year ago, DataQuick reports. In southern California buyers were even more risk averse last month, committing themselves to $1,821 a month, down nearly 21 percent from the previous year.

[Photo credit: Momadvice]

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