ARI in a couple of ways. The yield will look more attractive and their interest costs will go down although I'm unsure what percent of their loans are adjustable. The LA Times had an article on Fri. that said Orange Co.'s economy is ALMOST bulletproof and will continue to grow with resale home prices rising 8% even if the rest of the country has a downturn. Of course what do they know?
Either way my prediction of 30 by years end probably won't be reached but it certainly could get there in the 1st qtr.