[quote=Nor-LA-SD-GUY2]The Fed can’t implement QE3 because everyone else is buying up all the available treasuries.
China no longer wants our dollars, so we will have to start making our own stuff (the horror).
The fed has to assure (again) that they can keep interest rates exactly where they want forever because there is no limit to the amount of treasuries they can buy.
You can get a 30 year mortgage for around 4%.[/quote]
Actually, you can get a 30 year mortgage less than 4% now.
I’m seeing 15 year mortgages no fee/no cost for 3.375%
