[quote=ucodegen][quote=AN]Well, at very least, we can probably say we’ll see low mortgage rates for awhile.[/quote]But when they turn around, it is likely to be violent/rapid. (Even more inflationary pressure built up – late Fed response to inflation..)[/quote]
That’s OK, I’m on fixed rate mortgage. What happened to housing price the last time rates went up violently/rapidly? If rate does go up violently/rapidly, at least I can say the money I have in savings and CD would start making something again. Also, I would love to do those 0% balance transfer and stuff it in CD making 5-6% again. I did that pretty successfully several years back.
