SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MSI who wrote (17786)2/24/2004 4:29:01 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
<<Greenspan trying to say go for the ARM's >>

That he would say such a thing is pretty surprising to me. I'm still trying to figure out how the Fed Chairman thinks he can hand down this type of advice, when the choice between an ARM and a 15/30-year fixed rate--or any other type of loan structure, for that matter--is a personal financial decision based on individual plans and needs and can make a heck of a difference for someone who owns a home only a few years vs. a long-term owner.

Now joining the camp of people who think he's gone nuts.



To: MSI who wrote (17786)2/24/2004 4:48:10 PM
From: TradeliteRespond to of 306849
 
<<Non-cynical answer: he's saying rates are headed steady to down.>>

I'd take the opposite bet. He could be saying rates are ready to shoot up, and he wants all the little homebuyers out there to feel lucky they have a low-priced arm when the proverbial material hits the fan.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News