The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (27211)	2/25/2005 11:49:59 AM
From: ild	Read Replies (1) of 110194

<<<Calf mortgages that reset in 05, but I'm guessing about 10% of total mortgages?>>> IMO the number is much smaller. First few took ARMs before 2003. Second only a small percentage of those mortgages were not fixed for 3/5/7 years. But what's important is that all new purchases have to qualify for today's much higher rates. Also last year rates went down in March which kicked RE prices higher. stockcharts.com[w,a]dacayiay[dd][pb200!b50!f][vc60]&pref=G

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