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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.81+0.9%Nov 19 4:00 PM EST
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To: jrinvestor who wrote (70073)5/23/2001 9:25:03 AM
From: Michael Collings  Read Replies (2) of 116762
 
JR:

Not unusual at all that refi activity is down. Mortgage rates have stayed above 7% for the last three interest rate drops. There's no further incentive to refinance. I doubt it has much to do with whether or not people qualify for a refinancing of an existing mortgage.
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