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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Robert Douglas who wrote (3165)12/28/2001 5:27:12 PM
From: t4texas  Read Replies (1) of 3536
 
as you forecasted it appears to have halted the refinancings, but the new home sales have not yet been dampened. i was surprised by today's new home sales report being up so much (still). unless they were all just trading up (unlikely) to better homes, they had to put down some serious out-of-pocket down payment money for all those new homes in november. were they just trying to beat the closing of the cheaper mortgage window in november?
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