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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: UncleBigs who wrote (63595)6/14/2006 1:34:57 AM
From: John Vosilla  Read Replies (1) of 110194
 
Housing gets decimated by much higher long term rates and (or) much tighter lending standards.. The fact that 'if you can fog a mirror' or 'live in the US and can chew bubble gum' you qualify for a HELOC or option ARM with no equity even though the yield curve has been flat to inverted of late tells you something.
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