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To: rwfromkansas

Well, my guess is, to some lendors, this is a bad thing, because this means loans will be nowhere near as profitable for them, and for sub-prime lenders, this could be even worse, because as normal rates stay low, even theirs will start to feel the effects of this.


7 posted on 06/26/2005 11:35:06 PM PDT by AzaleaCity5691 (The enemy lies in the heart of Gadsden)
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To: AzaleaCity5691

Low rates does not necessarily negatively impact the lenders. They make their money on the spread between the money they borrow and the money they lend. Hence low rates could even mean their profits go up since there will be more loans granted.


28 posted on 06/27/2005 1:46:42 PM PDT by justshutupandtakeit (Public Enemy #1, the RATmedia.)
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