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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: molemania who wrote (57849)1/15/2001 2:19:46 AM
From: Mama Bear  Read Replies (1) of 436258
 
"or will they continue to move down lock step with/if AG continues to lower rates. "

They sure haven't been moving in lockstep with the last move by the Fed. We locked in our re-fi the day he lowered, and rates have moved up 1/4 to 3/8 subsequently. I must say it was a pleasant surprise as I thought we'd goofed when I heard the news.

Note to all concerning our re-fi...sorry to be a party pooper but we didn't take out any of our equity. We'll even pay the costs out of pocket.

Regards,

Barb
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