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To: koan who wrote (46695)8/9/2007 10:05:20 AM
From: loantech  Read Replies (3) | Respond to of 78426
 
Not yet koan. Feds have to lower short term rates. Only way to get some of the resets on mortgages over the hump

Maybe lower a full 1.5%-2.0% as a lot of mortgages may adjust up 2% soon.