Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (20101)	10/10/2002 3:47:56 PM
From: nspolar	Read Replies (1) of 36161

Yes, I know what you mean!! On another favorite subject - home refi's, I've been investigating. I found this. thornburgmtg.com thornburgmtg.com I can lower my current payment by almost half. Lots of dollars. And I can rid myself of PMI, with a new evaluation and perhaps a few bucks added to the principal. I'm in a little different position perhaps in that I don't need the loan. I have one only because I think I can beat the game. So far I have, but perhaps a foolish policy. Point is I think there is a lot of money yet to be wrung out of the real estate market, and thrown into the consumer end. The real pain will occur when rates go up. My opinion on that is a correction in rates may not be that far off, but it is only a temporary thing. After that rates will drop some more, over the next few years or longer. Thought some of you might find this of interest.

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