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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (27736)	4/27/1998 1:22:00 PM
From: Cynic 2005	Read Replies (2) of 132070

Mike, assuming that the interest rates are headed higher, if you are in the market for a new-home, financially what makes the best sense: a) lock-in low interest rate (assume 130k/15 yr fixed loan) b) wait for the real-estate prices to crash and then buy even with 50 to 75 basis points higher. BTW, the other day I saw Jan Hopkins interview a film-maker who made a comedy film on corporate greed, and CEOs' high compensation and the Wall Street nuttyness. She did everything possible to discredit him. Further flash back - Lou Dobbs was sitting with a bunch of Yahoos of the Wall Street, one money manager "what is there not to like about this rally? Just what the stocks deserves..." And, Lou appears to share that sentiment. Sure, the media does not have a bullish bias. -g- -MMV

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