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To: koan who wrote (14638)6/28/2006 7:53:10 AM
From: loantech  Read Replies (1) | Respond to of 78416
 
Hi koan,
Yes we are approaching 7. 6.875%. It has gone up a tad. Seems like it may be time for a nice bond rally who knows. I think it will take 8% to hurt things. Not sure if it is just in qualifying or the idea of 8%.

Maybe they are jacking rates up to give a cushion to come down for the mid term elections.

However they do it it may surprise the markets.

Tom