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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Chispas who wrote (71938)12/3/2007 8:20:47 PM
From: John McCarthy  Read Replies (1) of 116555
 
Hi Chispas

first - thanks for posting that

second - OK - I'll bite:

<<<<<<<<<<<<<<<<<<
Will a lower Fed rate encourage the mortgage lender to finance another house in the Detroit area? Will it encourage a builder to put up more condos in Miami or Las Vegas? Will it entice the marginal homebuyer to enter into another ARM contract?
<<<<<<<<<<<<<<<<<<

WHAT will it do?

regards,
John
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