BANKS banks and financial institutions

Booming and its not over yet!, page-23

  1. ferglrsharkie
    1,044 Posts.
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    14/08/02
    09:50
    Post #: 48553
    ardvark,

    If rates are reduced in the US Homeside mortage servicing agreements become cheaper as Americans are inclined to refinance more regularly distorting the financial forecast models.

    If interest rates rise on the otherhand Homeside is worth a lot more.

    fergl
    BANKS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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