Home on the range where the buffalo roam Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Home on the range where the buffalo roam

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MulhollandDrive who wrote (2032)	5/30/2000 3:03:00 PM
From: Stoctrash	Read Replies (2) of 13572

bp... One friend of mine was looking at a new SUV, you know one of those really "phat" ones....he was ready to take the plunge till he saw the interest rate on his 35K loan....NO SALE!!! Another friend was looking at new houses....7%...sure....8.875% again..NO SALE..he's staying in old house for bit now. Another "trend" to watch is the last gush buyers as I call them...rates creep and creep higher till finally they (even JSP) say: "screw it I can't afford this @#$@#$ thing if rates keep going so I'm doing it now"......and the vicious cycle starts over again. This is why I would bet June & July numbers will be rather strong then taper off as the gushers have shot their wad. Bottom line...rates are starting price buyers out of the purchase. ...just a few ramblings..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next