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To: MythMan who wrote (245501)6/14/2003 1:39:49 AM
From: Bill/WA  Respond to of 436258
 
MM,
It seems one item was left out of the article
<<http://money.cnn.com/2003/06/12/markets/mortgagebanks/index.htm>>. While rates might remain low for some time enabling the banks to enjoy the spread between loans and deposits, how long will the soon to be unemployed be able to keep up those "low" refinanced payments??????