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.

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

To: John Vosilla who wrote (37558)	8/2/2005 2:09:58 PM
From: russwinter	Respond to of 110194

<So are they pushing fixed for 30 years in the 5.5% range?. There are no more 5.5%'s, it's 6.0% and climbing at least with few points. today.reuters.com Unless you don't mind piling up 5 1/2% (so far) a year to your loan balance in neg amort. then getting toxic ballooned, all the routes of retreat are being cut off. Besides who's left to buy, many of these clowns already have underrented or empty second, third, four places. And if we get a credit event (led in tandem by some obscure leveraged hedge funds would be my guess), watch out.