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January 24, 2009 at 8:30 AM #335183January 24, 2009 at 8:32 AM #334661peterbParticipant
I think you’re call on housing may be a bit too negative. But keep your eye on rates if that’s your driving criteria. They tend to head lower as a recession gets worse. So we may have another year or so of rates at this level or lower. 4.5% to 5% is historically down there. But, if you think we’re going to get inflation this year, then I guess rates will have to rise in the next 6 months or so. Seems like the govt agenda is going to focus on low mortgage rates for some time, though.
January 24, 2009 at 8:32 AM #334988peterbParticipantI think you’re call on housing may be a bit too negative. But keep your eye on rates if that’s your driving criteria. They tend to head lower as a recession gets worse. So we may have another year or so of rates at this level or lower. 4.5% to 5% is historically down there. But, if you think we’re going to get inflation this year, then I guess rates will have to rise in the next 6 months or so. Seems like the govt agenda is going to focus on low mortgage rates for some time, though.
January 24, 2009 at 8:32 AM #335075peterbParticipantI think you’re call on housing may be a bit too negative. But keep your eye on rates if that’s your driving criteria. They tend to head lower as a recession gets worse. So we may have another year or so of rates at this level or lower. 4.5% to 5% is historically down there. But, if you think we’re going to get inflation this year, then I guess rates will have to rise in the next 6 months or so. Seems like the govt agenda is going to focus on low mortgage rates for some time, though.
January 24, 2009 at 8:32 AM #335102peterbParticipantI think you’re call on housing may be a bit too negative. But keep your eye on rates if that’s your driving criteria. They tend to head lower as a recession gets worse. So we may have another year or so of rates at this level or lower. 4.5% to 5% is historically down there. But, if you think we’re going to get inflation this year, then I guess rates will have to rise in the next 6 months or so. Seems like the govt agenda is going to focus on low mortgage rates for some time, though.
January 24, 2009 at 8:32 AM #335188peterbParticipantI think you’re call on housing may be a bit too negative. But keep your eye on rates if that’s your driving criteria. They tend to head lower as a recession gets worse. So we may have another year or so of rates at this level or lower. 4.5% to 5% is historically down there. But, if you think we’re going to get inflation this year, then I guess rates will have to rise in the next 6 months or so. Seems like the govt agenda is going to focus on low mortgage rates for some time, though.
January 24, 2009 at 9:28 AM #334680sdnerdParticipantMaybe I’m missing something, but I don’t see WAGE inflation happening anytime soon. Let alone the end to increasing unemployment.
The powers in charge aren’t entirely clueless. They know all too well what would happen if mortgage rates jumped sharply in the next few years. There is going to be a strong push to keep low rates, IMHO over the next several years. Either that or a program put in place to let those underwater refinance.
Now wage inflation out a few years, say in 2014+ might be a whole other story.
January 24, 2009 at 9:28 AM #335008sdnerdParticipantMaybe I’m missing something, but I don’t see WAGE inflation happening anytime soon. Let alone the end to increasing unemployment.
The powers in charge aren’t entirely clueless. They know all too well what would happen if mortgage rates jumped sharply in the next few years. There is going to be a strong push to keep low rates, IMHO over the next several years. Either that or a program put in place to let those underwater refinance.
Now wage inflation out a few years, say in 2014+ might be a whole other story.
January 24, 2009 at 9:28 AM #335094sdnerdParticipantMaybe I’m missing something, but I don’t see WAGE inflation happening anytime soon. Let alone the end to increasing unemployment.
The powers in charge aren’t entirely clueless. They know all too well what would happen if mortgage rates jumped sharply in the next few years. There is going to be a strong push to keep low rates, IMHO over the next several years. Either that or a program put in place to let those underwater refinance.
Now wage inflation out a few years, say in 2014+ might be a whole other story.
January 24, 2009 at 9:28 AM #335122sdnerdParticipantMaybe I’m missing something, but I don’t see WAGE inflation happening anytime soon. Let alone the end to increasing unemployment.
The powers in charge aren’t entirely clueless. They know all too well what would happen if mortgage rates jumped sharply in the next few years. There is going to be a strong push to keep low rates, IMHO over the next several years. Either that or a program put in place to let those underwater refinance.
Now wage inflation out a few years, say in 2014+ might be a whole other story.
January 24, 2009 at 9:28 AM #335207sdnerdParticipantMaybe I’m missing something, but I don’t see WAGE inflation happening anytime soon. Let alone the end to increasing unemployment.
The powers in charge aren’t entirely clueless. They know all too well what would happen if mortgage rates jumped sharply in the next few years. There is going to be a strong push to keep low rates, IMHO over the next several years. Either that or a program put in place to let those underwater refinance.
Now wage inflation out a few years, say in 2014+ might be a whole other story.
January 24, 2009 at 9:35 AM #3346904plexownerParticipantno inflation in wages and no inflation in housing
the coming inflation will be in the things that we need on an everyday basis: you know, things like bread, milk, gasoline – simple things like that
I think it’s called stag-flation although this time around, hyper-stag-flation might be a better description
it is amusing to read all these people thinking that inflation is like magic and will somehow save them from their previous delusional thinking or somehow enable their current delusional thinking
here’s a very simple phrase to keep in mind:
THERE IS NO SUCH THING AS A FREE LUNCH
January 24, 2009 at 9:35 AM #3350184plexownerParticipantno inflation in wages and no inflation in housing
the coming inflation will be in the things that we need on an everyday basis: you know, things like bread, milk, gasoline – simple things like that
I think it’s called stag-flation although this time around, hyper-stag-flation might be a better description
it is amusing to read all these people thinking that inflation is like magic and will somehow save them from their previous delusional thinking or somehow enable their current delusional thinking
here’s a very simple phrase to keep in mind:
THERE IS NO SUCH THING AS A FREE LUNCH
January 24, 2009 at 9:35 AM #3351044plexownerParticipantno inflation in wages and no inflation in housing
the coming inflation will be in the things that we need on an everyday basis: you know, things like bread, milk, gasoline – simple things like that
I think it’s called stag-flation although this time around, hyper-stag-flation might be a better description
it is amusing to read all these people thinking that inflation is like magic and will somehow save them from their previous delusional thinking or somehow enable their current delusional thinking
here’s a very simple phrase to keep in mind:
THERE IS NO SUCH THING AS A FREE LUNCH
January 24, 2009 at 9:35 AM #3351324plexownerParticipantno inflation in wages and no inflation in housing
the coming inflation will be in the things that we need on an everyday basis: you know, things like bread, milk, gasoline – simple things like that
I think it’s called stag-flation although this time around, hyper-stag-flation might be a better description
it is amusing to read all these people thinking that inflation is like magic and will somehow save them from their previous delusional thinking or somehow enable their current delusional thinking
here’s a very simple phrase to keep in mind:
THERE IS NO SUCH THING AS A FREE LUNCH
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