Refinance Mortgage: As real estate cools, stocks may heat up - 2006-01-24
Bruce McMeiken has had a profitable run investing in real estate near his Orange County home. Now, he thinks there's a better place for his money: the stock market.
With sales cooling, refinance mortgage rates going up and home prices flat, there's concern that the real estate market is cooling. Investors are now increasingly focused on stocks.
Read the full story at Modesto Bee