Sigh….[/quote]
That rate is for members only, must be heavily financed by company. Membership is limited to employees of company and of the small LA base.
On Bloomberg today I heard ML analyst stating that Govt is going to but T-bonds til 10yr hits 1.99%! He didn’t think it would bring mortgage rates any lower, but it would mean rates aren’t moving up any time soon. I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.
