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

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To: John Vosilla who wrote (29247)3/23/2005 3:51:44 PM
From: ild  Read Replies (2) of 110194
 
<<<long term rates don't go up at least another 150 basis points >>>

IMO long term rates have practically ceased to affect RE prices as all marginal buying is done using ARMs. In LA during last 10 months 5/1 Fixed-to-Adjustable Interest-Only has been the most popular loan.
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