Replies to post #219769 on Zeev's Turnips Patch-No Politics (ZEEV)

[jetcityrandy]

Heck,

You know the goal is to "squeeze" as much as possible out of the little guy. heh heh

I rememeber Alan Greenspan saying a few weeks ago, that home buyers were probably being "overcharged" with their flat 15 and 30 year rates. He was claiming that adjustable rate mortgages were "cheaper". Well, sure with HIS hindsight (and the history of interest rates over the last ten years). But do YOU think that mortgage interest rates are going to stay this low, or go MUCH lower? I don't know either, but I remember back in about 1980, mortgage interest rates went from 10% to 18%. Course, inflation was out of control, and now inflation is under control. LOL