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Re: Lane Hall-Witt post# 25651

Monday, 09/16/2002 11:06:49 AM

Monday, September 16, 2002 11:06:49 AM

Post# of 704041
So are you discounting any effect that all the refi's will have. Anybody know if most of the refi's are cashouts, or are they a reduction in monthly payments? If they are cashouts, they is bad. Easy come, easy go. If they are reductions in monthly payments, that would have the same effect as a pay raise, and would protend possibly better things for the economy.

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