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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (31393)4/29/2005 11:21:36 AM
From: loantech  Read Replies (2) of 110194
 
This is hard to believe but about half the loans I see are a form of ARM. Usually fixed for 3 or 5 year periods. The subprime is still primarily 2 year fixed.

Hard to believe that 5.50 30 year fixed is not good enough for these short term thinkers. <ng>
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