“May be....
May have...
increased slightly in July, to 4.64 percent from 4.62 percent in June
The portion of outstanding balances paid in July slipped to 18.3 percent from 18.4 percent a month earlier.”
Was this the last one on the bottom of the barrel for the day?
Pure BS
BigMack
Amen. Thanks Mack. Stories like this are what is fueling all hysteria.
I was thinking the sam thing.
The author appeared to be really reaching. Payoffs had fallen from over 20% over the last many months, according to his article. Only now does a 0.1% drop suddenly become panic-worthy.