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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (767)3/14/2003 11:38:20 AM
From: JRI  Read Replies (1) | Respond to of 41461
 
Have you seen in latest articles about re-financing boom (last month/2)- how the number of owners taking "cash-out" feature dropping by a fairly large amount vs. last 2 yrs..

IMO, the "cash-out" affect (for US economy) is over- downhill from here, maybe dramatically so- and that lack of stimulus on the economy will not be negligible by a long shot

I haven't been listening to the radio around here lately, but I'm sure the financing schemes are geting uber-ridiculous by now (if that were possible)...the number of "sale- 50% off (or more) signs have markedly increased in last year..



To: Perspective who wrote (767)3/14/2003 11:58:09 AM
From: marginmike  Respond to of 41461
 
I agree buy the rumor sell the news. That being said they could take it to 8500-ng