30-year Mortgage Rates highest in 15 months

[irishgrl]

Originally Posted by strandinthewind

If you owned a home just about anywhere in the last ten years and flipped it every two years to take advantage of the tax benefits, you would have on average made at least $100,000 tax free and the vast majority muh much more

As for the pay raises, many do get such raises though you do not.

Non-conventional 30 year fixed loans are not for everyone, but they have their benefits for others.

ok, Im not sure I follow you because as I understand it you must invest in something that is more expensive than what you just sold in order to take advantage of capital gains. So, assuming you did sell you place at a profit you are still required to buy something more expensive or you actually end up PAYING taxes. Thus, if you are constantly going up in price tag/mortgage payments, then it appears to me that you will likely bottom out (unless you are one of the lucky ones that get decent cost of living raises)