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To: heinz44 who wrote (33331)2/19/2007 8:31:40 PM
From: koan  Respond to of 78410
 
Slan knows a lot about mortgages.

The one thing to remember is that the prime has gone form 4.5 to 8. Now this is good for long term rates i.e. 30 years as it fights agaisnt inflation, but on the other hand a lot of loans are tied to prime and are now 4%+ higher than just a shrot time ago.