The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: JRI who wrote (5937)	10/7/2002 4:51:06 PM
From: patron_anejo_por_favor	Read Replies (1) of 306849

If you expect rates to spike, and wanted to max out liquidity, you'd lock in a fixed rate on a refi with cash out, provided you'd have no problems making you're monthly payments. Indeed, this is the bet most have chosen to make and one reason why the huge refi boom is still going....however, many will be rather disappointed in alternative uses for the money, at least from an investment perspective IMO... As far as the Ft. Myers market, you're a lot closer to it than I am, and probably have a better feel for how it will hold up in a general real estate retrenchment, so I really have no comment on that.

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