“I just put a little bit of moist ... vermiculite ... in the fridge ... a good rule of thumb is 90 days”
WM
Wyatt McLean
In the Garden with UC Master Gardeners ·
On The Tape with Danny Moses · Ivy Zelman: The Queen of Housing Still Reigns
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cited a 50 basis point rule of thumb that triggers refinance activity
50 bps decline → start of refis
“I just put a little bit of moist ... vermiculite ... in the fridge ... a good rule of thumb is 90 days”
“I was literally in 2021, I was holding 80 to 90% cash just saying, listen, I'm not going to give this government my money and lend it to them for 10 years at 50 basis points.”
“‘The entire high yield market is wider by about 50 basis points… we haven’t really seen it trickle outside of these specific names.’”
“And I remember you told me that as a rule of thumb, for each hour in the air takes about the same time of paperwork.”
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