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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (2775)7/26/2001 12:34:28 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 10077
 
The problem is that to take a variable in a low rate environment is dangerous. Those should be done in a high rate environment. I think 30's are around 7.25 here - that's total Bullshat IMO.

777 grub - must bring some luck



To: Jorj X Mckie who wrote (2775)7/26/2001 12:35:53 PM
From: Stoctrash  Read Replies (1) | Respond to of 10077
 
....going for the double wide with near the bingo hall?? <GG>

WhoTF knows where this market is going today....anyone??
I'd like to see the QQQ wash out or rally...not just sit here GD it!!



To: Jorj X Mckie who wrote (2775)7/26/2001 12:36:49 PM
From: Libbyt  Read Replies (1) | Respond to of 10077
 
>but possibly looking to get a bigger house.<

One thought...depending on your area, and if it is a "buyers market" or "sellers market", you might be able to buy a bigger home, and have the seller "finance" the loan, or a secondary loan at a better rate?

In our area, most of the people moving out of bigger homes (downsizing...) don't really need all of the money immediately, and financing part of the loan might be a win/win for them and for you.

I know that when interest rates were really high, this seemed to be a common agreement between buyers and sellers.