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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (16936)	2/8/2004 7:08:34 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

Lizzie, the banks I'm talking about have little to do with mortgage loans. Their business is geared more toward lending to small business or individuals. Please remember that I referred in my post to local banks. I'm not talking about the big guys. Although some of the big guys are doing it, too. I'm not prone to deciding that bankers are dumb and willing to go out on a limb to pay more interest to savers than they're willing to lend on a good risk/reward basis to borrowers. Savers haven't gotten anything but a pittance from these guys for several years now. It's still a pittance, but all I'm saying is, it looks like it's improving. I don't know what that means, but I do know that Greenspan doesn't completely control the cost of money in all segments of the lending community.