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Are you kidding me?

No, I'm not. A margin loan to buy a house is a bad idea in so many ways, that the relative interest rates really don't matter. Even if the margin loan were at a lower rate than a 30 year fixed, its still a bad idea for long term financing of a home.

--Peter

PS - A quick web search indicates that the E*Trade rate you quote is not very competitive, especially when you get to mid-six figure loans typical for a home.
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