1) What if our Fed would increase higer interest rates in all other sectors but not housing or mortgage(may be it standardise a level say 6%) – what would be the situation if this happens?.[/quote]
The Federal Reserve doesn’t set “mortgage rates”, but indirectly influences them by purchasing US securities in what Bernanke refers to as “quantitative easing”.
[quote]I tend to agree your theorey, but I have lost my faith on these academic…brainers who can play any extent … whatever those unpredictable results in either way!!! [/quote]
What I posted isn’t so much a “theory” as it is an educated prognostication on future trends based on current actions taken by the Feds.
As for your purchase, I wish you good luck, but don’t allow yourself to become part of the multiple bid warriors who are running around with their heads chopped off thinking they must buy now or lose out forever.
