Good thing is that rates are going up … personally, I hope that Yellen is under orders to sabotage the Trump economy till her term expires in 2018.

10 year is at 2.47%, WOOOOHOOOOO! Should be good for 30-year rates staying above 4%. Hope we hit 5+% soon 🙂

BTW, left to their own devices, banks tend to be more conservative about lending. If the GOP succeeds in gutting FNMA/FHFA, that would be a lovely thing for housing prices. If you’re a buyer.