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


To: Haim R. Branisteanu who wrote (11196)4/2/2004 1:50:22 PM
From: DOUG H  Read Replies (1) | Respond to of 110194
 
Thank you. Without splitting hairs that's a good #.

Oh and, no. Definetly not. I doubt if the "average" 2 wage family can.

PS, I've seen it said that refi $ and the like is being spent in non-productive ways ie, cars, boats, vacations etc. I say it's worse in some cases. It's being used to pay HH expenses and health care. That is scarily close to the bone and in those cases a raising ARM puts them with the fishes.