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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (202)7/15/2003 4:05:31 PM
From: loantech  Respond to of 110194
 
Russ the old mortgage phones are dead. Tom, from the front lines in the mortgage business. Summer vacation doldrums??? I doubt it.
tom



To: russwinter who wrote (202)7/17/2003 10:17:49 AM
From: Silver Super Bull  Respond to of 110194
 
RW,

RE: "This is market in deep doo-doo, should hammer the refi Ponzi scheme big time."

Given that the entire economy seems to be predicated on super-low interest rates, it should be interesting to see what will happen should rates keep increasing. I think we already know the answer.

Especially since Greenspan has all but said that the Fed won't increase interest rates for the foreseeable future.

DB


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