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

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To: loantech who wrote (31394)4/29/2005 11:45:33 AM
From: mishedlo  Read Replies (1) of 110194
 
Hard to believe that 5.50 30 year fixed is not good enough for these short term thinkers.

Personally I think ARMS at this level are a reasonable if not smart play. Going on 8 hikes my rate is still not back up to where it was with a fixed 15. How many more hikes are coming?
I think not many.

Mish
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