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


To: russwinter who wrote (47235)12/13/2005 10:07:56 PM
From: Ramsey Su  Read Replies (1) | Respond to of 110194
 
That is just one amazing update. Why doesn't FMF simply announce they are about to go under???

That is super bad news on all fronts.

By the way, prime rate is now up to 7.25%. HELOCs are usually based on prime+, adjusted daily. I wonder how many are surprised by the rise? How many are no longer using them and how many are paying them off as quickly as possible? Then there are those who are stuck.