Sep 10 2008, 08:37 PM
QUOTE(AdamG1981 @ Sep 10 2008, 11:46 AM)
On the contary,
I will be buying some of the MBS, but i might be too late. More and more buyers are snapping up MBS sold by Freddie and Fannie because it's almost risk free with high yields.
At this current rate, mortgage in America will be cheaper, and more affordable for buyers. This will allow the govt to stem the price from rapidly declining.
And Lehman, well, time to scoop its shares!
haha..nicely said. People are much relief now than the previous situation. Lehmen Brother's stock is actually at +4% from a -5%.. be cautious on EU's bear move guys..I will be buying some of the MBS, but i might be too late. More and more buyers are snapping up MBS sold by Freddie and Fannie because it's almost risk free with high yields.
At this current rate, mortgage in America will be cheaper, and more affordable for buyers. This will allow the govt to stem the price from rapidly declining.
And Lehman, well, time to scoop its shares!
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