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Old 06-15-2012, 02:40 PM   #47
stacey
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Join Date: Dec 2008
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Quote:
Originally Posted by hulkrogan View Post
You don't need to predict rates.

You need to understand the spread in interest rates and flexibility in fixed vs. variable mortgages.

Sorry you can't understand simple economics, luckily you have personal insults mastered at a remedial level.
Right because rates are going to be 2.99 for the next 7-10 years right? That would be the only way your "logic" works and people are "bent" over with a 3.9% rate.
Your magical rate world is due for a shake up...
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