Replies to post #72946 on Zeev's Turnips Patch-No Politics (ZEEV)

[Smart_Money]

Let just agree that we disagree. Do yourself a favor ask your loan officer for the facts.

[brainlessone]

I dont know what your bracket is or whether you are hit with amt, but the mortgage deduction also plays a role in claculating this. the real interest paid after tax effects tends to flatten both curves. If there is inflation, then you can come up with paying no real interst at all, and making money by the use of two accounts. a mortgage is aput on the bond market

[Train Guy]

You paying points or origin fees to get rates that low? Still with rates that low, who cares about the pennies. By the time you factor in the tax rebate and some inflation, you're looking at 2-3%. Give me as much of that locked in for as long as possible.

I can understand wanting to build up the equity in your home, you could think of it as a savings account, but with money that cheap for that long, the only reason you would want to give it back is because you can't come up with a better use for it.

Damn, missed getting in short on QCOM at 36.59 for a quick scalp. Was a huge fight going on at 36.55-.57 and the sellers won. DJIA and SPX broke below their intraday up trend lines off the LOD.