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. |
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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. |
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Ahrenl
join:2004-10-26
North Andover, MA
 ·Verizon FIOS
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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