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"Refinancing activity, both in the form of lowering monthly mortgage payments and undertaking cash-outs, is definitely padding consumer spending," Mr. Wiegand said.
(To be fair, Republicans are willing to swallow a bit of stimulus as long as it takes the dubious form of lowering taxes on the rich).
Similar(56)
The landlord must pass the benefits through to tenants in the form of lower rents.
Medco Health, he said, shares the savings gleaned from such sales with customers, in the form of lower prices, and with its clients, in the form of lower health care costs.
THE stock market is looking for help from the Federal Reserve Board in the form of lower interest rates.
And what we might get in the form of lower prices we likely would lose in still-higher banking fees.
Firms would then seek to pass on the higher taxes to workers in the form of lower wages.
Industry analysts said those cost savings could be passed on to consumers in the form of lower phone bills.
The rebate should be passed on to borrowers in the form of lower rates.
To most Americans, however, the main benefit comes in the form of lower borrowing costs.
The third is that companies take the hit in the form of lower profit margins.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com