I agree with you
[quote=Arraya]There is NO recovery next year. We should be in for the largest economic contraction for at least hundred years and it will be global.[/quote]

I believe that IS the most likely scenario but in this case – what do you think would happen to the rates and the house prices in the next FEW years? I would think they’d keep the rates low, no more than 1-2% increase in the next FEW years, and the prices might fall a little. Any other thoughts for THIS scenario?