Interest rates

[errolanderson]

Happytrails . . . CNBC release: Panic in the Housing Market as 30 year Mortgage Rates Pushed to 4%.

http://www.cnbc.com/2016/11/14/trump-effect-pushes-mortgage-rates-to-4.html

Early 1980s mortgage rates peaked between 18 to 20%. And 4% now is enough to knock the U.S. housing market off-its-rails.

How far is the fall? . . . .

[jake550]

Happytrails . . . CNBC release: Panic in the Housing Market as 30 year Mortgage Rates Pushed to 4%.

http://www.cnbc.com/2016/11/14/trump-effect-pushes-mortgage-rates-to-4.html

Early 1980s mortgage rates peaked between 18 to 20%. And 4% now is enough to knock the U.S. housing market off-its-rails.

How far is the fall? . . . .

Let's get it over with already. I'm sick of hearing about this stuff and nothing happening.

Bring it on....
Be lots of "opportunities" if what you keep saying will happen actually happens.

Then again the sun will still come up and and go down either way. 🙂

[macdon02]

Ok here's the deal in my eyes fwiw. Rates were not adjusted when the DJ dropped, so they have to go up when it rises. There's a metric shit ton of correlation between rising DJ and rates. And if you believe rates are only for the rich ask someone with a pension......

[Retired]

What do you expect anyone that would vote wall as the savior would also vote Oleary, cant see beyond thier own fence lines.

[AlbertaFarmer5]

Talked to my banker today, they have no concerns that rates will rise in the foreseeable future, and usually the bankers are the ones crying that rates will rise, lock in now, at least for as long as I can remember. ( of course, that might say a lot about their prognostication abilities).

I am of the camp that rates, not only won't, but can't be purposely raised, but when they do, it won't be voluntarily, it will be big, and it will signal the end of this grand economic experiment is imminent. So it really won't matter for long.