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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Mark Ivan who wrote (242)8/17/2001 4:04:06 PM
From: Skeeter BugRespond to of 306849
 
>>I do not think we had the last "hurrah" in refinancing. The rates will give in and I think we will see some new lows on long term 30 yr rates. This should spur more refinacing.<<

not always. japan had negative interest rates for a time - you paid money to the bank to keep your money. it did very little to help them get out of their 11 year recession.

it does work, untl it doesn't. i don't ave a clue when we cross that line. but, alas, we will cross it at some point.


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