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Frank Pembleton

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Frank Pembleton

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Re: KastelCo post# 398

Thursday, 10/17/2002 10:15:05 AM

Thursday, October 17, 2002 10:15:05 AM

Post# of 795
I think the last paragraph is the most important...

The housing market stood up well in the U.S. economic downturn and through the slow recovery, producing record levels of sales and mortgage lending as interest rates on the popular 30-year fixed-rate mortgage scraped lows unseen since the mid-1960s.

Is it sustainable?

Regards,
Michael


FP........................................................

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