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Ahrenl

join:2004-10-26
North Andover, MA

reply to Combat Chuck

Re: What's He Talking About?

Around 60% of the US mortgage market are fixed rate, this being the only fact you supplied, I'll surmise the accuracy of the rest of your ancedotal comments.


Combat Chuck
Too Many Cannibals
Premium
join:2001-11-29
Erie, PA

I'm sorry, at what point does %40 not signify a large number. That also doesn't account for the number of people given good advice by their brokers, but that still relied solely on their brokers for advice.

I'm sorry I didn't give you a 150 page report on the issue but you'll understand that I'm a little strapped for time here.


Ahrenl

join:2004-10-26
North Andover, MA

1 edit

Sorry, misread your response. I thought I read "The answer there is pretty much everyone is sitting on an ARM." Missed the who.

That being said, I still don't think generalizations hold value. There are plenty of intelligent consumers. There are more dummies, but you can say that about everything.


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