To: groanup
Yup Oh Smith shorted the Euro, what a dumb butt.
No silly, a falling dollar will ingenite inflation and higher interest rates. If the banks start lossing to much money on fixed rate mortages they will call them in. Then lot's of folks will lose their homes.
186 posted on
11/27/2004 7:18:39 PM PST by
jpsb
(Ex)
To: jpsb
"No silly, a falling dollar will ingenite inflation and higher interest rates. If the banks start lossing to much money on fixed rate mortages they will call them in. Then lot's of folks will lose their homes."
Okay, silly. The dollar has been falling for ten years. Interest rates have too. Explain.
191 posted on
11/27/2004 7:28:16 PM PST by
groanup
(Rats are afraid of the light so spread a little sunshine.)
To: jpsb; Toddsterpatriot; LowCountryJoe; Poohbah
If the banks start lossing [sic]
to much money on fixed rate mortages they will call them in. A callable home mortgage? LOL. I wonder what the interest rate would be on one of those?
To: jpsb; 1rudeboy
If the banks start lossing to much money on fixed rate mortages they will call them in. Then lot's of folks will lose their homes.Would you mind explaining how the banks can actually do that? There is no provision in a mortgage for any such thing to be allowed.
338 posted on
11/28/2004 5:18:36 PM PST by
Poohbah
(Crush your enemies, see them driven before you, and hear the lamentations of their women!)
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