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To: ex-Texan

I'm only the messenger, but interest rates on fixed rate mortgages have been going down for four weeks now, and they are going lower. The real estate correction is almost a year old now. The crash better hurry.


6 posted on 08/21/2006 5:53:49 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62
I'm only the messenger, but interest rates on fixed rate mortgages have been going down for four weeks now, and they are going lower.

Way lower. I am a technical analyst, and I can tell you rates are going much lower than anyone expects over the next 18 months. How the real estate market reacts to this I have no idea.

19 posted on 08/21/2006 7:14:32 PM PDT by montag813
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