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To: Simba who wrote (156079)3/18/2002 11:35:19 AM
From: Knighty Tin  Respond to of 436258
 
Simba, What are your thoughts on the credit quality of the mortgage borrower? Hasn't the lower rates brought in a lot of sub-prime borrowers? Best, MB



To: Simba who wrote (156079)3/18/2002 1:44:06 PM
From: Night Trader  Read Replies (1) | Respond to of 436258
 
"Assuming these numbers are representative the 21 year average of 4.8 % for the USA is not too much higher than the 21 year average inflation rate ( even the govt. reported one)."

It seems to me the average house has grown larger too so on a per square foot basis property has done even worse.


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