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Re: NobodyFromNowhere post# 16942

Thursday, 12/22/2016 9:13:39 AM

Thursday, December 22, 2016 9:13:39 AM

Post# of 17799
*****Agree.. but there is an issue .. Most people at the lower end of the spread spectrum were fixed rate borrowers. Adjustable rates are reserved for sophisticated high net worth individuals. So it is probable that the high net worth individuals may get smashed. IMV

ALL IN OR NOTHING.

CAUTION: DON'T TAKE MY POSITIONS AS ADVICE. I LIKE RISK. IT CAN BE YOUR BEST FRIEND. THE PROBLEM MAY LAY WHEN YOU CAN NO LONGER GAUGE YOUR BEST FRIEND. AND ABANDON YOU.