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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (52794)6/27/2001 11:30:46 PM
From: marvin smith  Read Replies (1) | Respond to of 57584
 
Rande, Are u still looking for a retest? thanks



To: Rande Is who wrote (52794)6/27/2001 11:34:52 PM
From: sandintoes  Read Replies (2) | Respond to of 57584
 
It's amazing to me that the banks aren't lowering the interest rates they are charging to the people wanting to refinance their houses, or in our case, our condo.

One mortgage co. I called just before this fed lowering the rates, told me they had actually raised rates!

What does it take to make the banks lower rates?



To: Rande Is who wrote (52794)6/28/2001 1:00:59 AM
From: SirRealist  Respond to of 57584
 
I really would like to see that re-test happen BEFORE we head into the long-slow part of summer. I agree Rande. Typically the day after FOMC goes down. Yet the board spin suggests we'll go up... which I'd find disturbing here.

We'd simply be setting up a hard fall within 2 weeks imo. About the time some big names report...

Better to retest first.