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Post# of 704041
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federal reserves

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federal reserves

Re: mlsoft post# 101242

Thursday, 04/24/2003 9:39:26 PM

Thursday, April 24, 2003 9:39:26 PM

Post# of 704041
Misoft> the inflows from refi's

are drying up.

Impact on money supply is heavy if there are no cash outs.

I think most folks are refinancing at balance with no cash outs and there is less and less refinancing.

AG is going to have to turn on the coupon passes to keep it going.




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