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Strategies & Market Trends : Rande Is . . . HOME

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To: Tradelite who wrote (54871)	9/7/2001 5:43:28 PM
From: Rande Is	Read Replies (1) of 57584

I'll bet much of that refinancing is motivated by consumer credit card debt. . . more than getting great rates. I bought about 4 or 5 years ago and wouldn't save but about a half point by refinancing. . . not worth it. The big problem facing Americans right now stems from credit debt. . . as too many families spend more than they make each month. A market collapse [well beyond where we are now] could start a nasty chain of events, IMO. Rande Is

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