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

To: Silver_Bullet who wrote (54875)9/8/2001 9:38:27 AM
From: Tradelite  Respond to of 57584
 
<<Refinancing your home is only done with the assumption that you will have a job to cover the payments>>

So true, but with all the "money-saving" hype from lenders, many people are taking on this unique and insidious form of additional debt when they really should not.



To: Silver_Bullet who wrote (54875)9/8/2001 2:17:12 PM
From: ~digs  Read Replies (1) | Respond to of 57584
 
Looped .GIF of US Unemployment: economagic.com



To: Silver_Bullet who wrote (54875)9/9/2001 12:51:15 AM
From: Silver_Bullet  Respond to of 57584
 
To add: The most important thing of all is what the street's perception is. Unemployment may never reach a height that has a serious effect on the housing market. So the housing values will go mostly sideways. But, I believe the street thinks that it could happen (weak housing market) so until there is proof to the contrary the street will discount the possibility of it happening.

FT


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