well as predicted interest rates are on the rise - 5 year money is moving from 5.24% to 5.44%. yet the market is still hot in real estate and there appears to be a never ending supply of people looking to consolidate large credit card debts into their mortgages - it would appear consumer spending has not been savings and cash - but easy credit. We will shortly see the credit tighten as lenders realize that all the people they gave large limits to....surprisingly some dont pay back the money...life happens. Pay off your debt - consolidate - get ready to protect yourself against the downturn which will eventually come - its a matter of time..is Mr. Dodge - getting out of Dodge because he doesnt want to be around for the downturn ?...we will see
greygoose out
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