http://www.mortgagenewsdaily.com/582007_Home_Equity.aspDeclining home sales and prices have not succeeded in discouraging homeowners from pulling equity out of their homes according to Freddie Mac's quarterly refinance review for the first quarter of 2007. The corporation reported that 82 percent of FreddieenCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/582007_Home_Equity.asp#10870Fri, 11 May 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:10870BobReading all of this news and info, I am shocked to see people are still buying homes. What part of wait for better deals they do not understand?<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=10870" width="1" height="1">http://www.mortgagenewsdaily.com/582007_Home_Equity.asp#10871Tue, 08 May 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:10871Bill HoytSo half the people are getting a worse interest rate in order to extract cash from the home ATM? Sounds like survival refi&#39;s to pay higher interest rate debts. What have people been doing with the money from their houses? Consuming it- buying gas and groceries, paying property taxes.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=10871" width="1" height="1">http://www.mortgagenewsdaily.com/582007_Home_Equity.asp#10869Tue, 08 May 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:10869AnonymousSo let me get this straight...the whole world is not going to melt down due to millions of iinocent homeowners losing their house when these arm&#39;s come due? imagine that. (sarcasm)<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=10869" width="1" height="1">