If rates had
dropped since the time of closing it allows you,
under some prescribed
conditions, for a small conversion fee to adjust your mortgage to going
market rate.
There are four major reasons, he reports, why REITs will outperform the Russell 2000 and S&P 500 over the next six months: Interest model is calling for a 1/2 point
drop in rates; large cap equities have too much speculation premium in them and are due for a correction; REITs make up 14 % of the Russell 2000, and small cap issues are expected to outperform large cap for the remainder of the year; and the defensive nature of REITs puts them at an advantage
under certain
market conditions.