how is economy doing in your region?

sarettah · 08-21-2003

Have to agree with Brad on that... I dont think you will see a real real slow down in the housing (specially new starts) until that interest rate gets quite a bit higher....

When I bought my house back in 2000, I thought I was getting a deal at 8.275%... Refied all the way down to below 6% and now feel like I'm getting a GREAT deal.....

I bought my first ever totally brand new vehicle in 1978 at a reduced rate of 11%.... The condo got bought in 91 or 92 on a reduced rate of around 10%....

That we are seeing interest rates so low is still a wonder to me.... There are meany people out there who have sat back waiting for the bottom before doing anything.... It has hit bottom and its on the way back up... I think we will see a lot of folks trying to jump in before they are back up in the double digits....

08-21-2003	#21
sarettah Stay Out Of The Box Want to see your own Advertising Here! Join Date: Oct 2002 Location: Lost in the ozone Posts: 10,318	Have to agree with Brad on that... I dont think you will see a real real slow down in the housing (specially new starts) until that interest rate gets quite a bit higher.... When I bought my house back in 2000, I thought I was getting a deal at 8.275%... Refied all the way down to below 6% and now feel like I'm getting a GREAT deal..... I bought my first ever totally brand new vehicle in 1978 at a reduced rate of 11%.... The condo got bought in 91 or 92 on a reduced rate of around 10%.... That we are seeing interest rates so low is still a wonder to me.... There are meany people out there who have sat back waiting for the bottom before doing anything.... It has hit bottom and its on the way back up... I think we will see a lot of folks trying to jump in before they are back up in the double digits.... __________________ Free Adult Webcams