[quote=HLS][quote=kev374]Interest rates have dipped again from 4.6 to 4.29%[/quote]
Kev, with no disrespect to you, it is RIDICULOUS to refer to an article like that about interest rates. [/quote]
HLS, I know interest rates move day to day but what I am trying to highlight is the trend. A statement was made here that interest rates are going to rise going forward. What I am saying is that the rise in interest rates was triggered by the Fed’s statement that they are going to taper by end of the year.
Now, the Fed has indicated that they will provide as much stimulus as needed to suppress interest rates if it affects the stock or housing markets.
If the Fed does taper and the housing market starts declining then the Fed will simply start buying bonds again sending interest rates down. What is preventing them from doing that infinitely?
