Went to the economic forecast at the Progress Energy center last week. Hoping to get a line on rates but the conversation was not what I had wanted.
The Fed Reserve guy said that rates may go up end of 07. But I just think that he is parroting the head of the Richmond Fed that is the dissenting voice of the fed for moving Prime up. I think it will go down by spring, and could go into a refi boom by summer.
Here is the link about the forecast
http://prelaunch.wral.com/business/story/1124839/
After the forecast, I hung around to try the Big Easy. Get the gumbo but dont ask for too much, it is a great little Cajun joint.
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