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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (317)	3/31/2004 6:18:04 PM
From: Hank	Read Replies (1) \| Respond to of 6370

"Sometimes I wish the Fed would get on the stick and bump up interest rates." What about the refinance boom? It seems like that is half the economy these days. It really has fostered a real estate bubble. I've seen housing values in my area nearly double in ten years. Not that I'm complaining but it would suck to see the value of my house depreciate rapidly. Unfortunately, I can see that happening very soon. If it does, I guess I'll be staying put for awhile! Good thing I'm closing on a refinance this Friday for a shorter term at a huge interest savings. Nowhere to go but up from here.(Interest rates that is)

To: Bill Wexler who wrote (317)	4/1/2004 6:27:14 PM
From: Cautious_Optimist	Respond to of 6370

The credit bubble and related real estate bubble are potential show-stoppers. In case you don't have them bookmarked, there are some great active discussions here: Subject 51347 Also: Subject 54034