Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (576376)	5/18/2004 12:40:18 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

JL: 'so far the rising rates have not affected demand for new loans....' >>> I agree. 'historically the prevailing rates are still very reasonable...' >>> Agree again. 'I don't expect to see much of a difference in activity level until we are significantly higher...especially in new home sales....' >>> Don't 100% agree here. Believe much of the demand has been satisfied over the last few years. >>> What I was talking about though, was the extra money that gets pulled out of people's pockets (who are holders of ARMs) when the rates ratchet up.