[quote=Blogstar]Crystal ball? http://www.freddiemac.com/news/blog/sean_becketti/20160104_housing_sector.html%5B/quote%5D
Exactly. In 2008, fed fund rate was at near 0%, mortgage rate was @ 5%, lowest in at least 28 years base on that chart (since it only goes back to 1980), but I’m sure it’s lowest in >30 years. So, base on all those parameters, would you have guess rate would have dropped from 5% to 3.5% in the next 8 years? Hind sight is 20/20. Which is why I said my crystal is broken.
