friday frollics, page-95

Used to track them in some detail around 12-24 months ago, and they evolve in time with many resets just being renegotiated at lower rates etc.

Have analysed in some detail housing price trends with current and future interest rates along with price/mortgage ratios along with the quantity sold off, especially those in the lower ratio bracket, ie <1, and at this stage don't see the US housing mortgage sector being a high risk sector now unless those long term rates start getting jumpy. However, nothing unusual there at this stage as well.