I wonder what is in store for the
economy and for anyone connected with the housing industry in general. Just
thinking outloud.
From don.bowen AT earthlink.net Wed Nov 8 11:34:11 2006Return-Path: <don.bowen AT earthlink.net>
If the Fed finds that the economy is in
danger due to real estate market conditions it will lower their
already low interest rate to stimulate the economy. This will allow
yet another wave of refinancing.
From genegerue AT ruralize.com Wed Nov 8 12:43:34 2006Return-Path: <genegerue AT ruralize.com>
Home finance rates have been somewhat independent of the Fed over night rate.
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