Which Way Are Mortgage Rates Going?

[HLS]

Home Loans is one of the businesses that I am involved with.

esmith: Your reply is very textbook and not advice that I would give anybody.
I think that the chapter on global terror was left out, which is a very real threat.

I don’t think that you covered the possibility of a 0%-1% Discount OR Fed Funds Rate.
Just because something has never happened before, doesn’t mean that it can’t or won’t.

Our economy mess today is a result of Sept 11, 2001.
Low interest rates saved the country. That was a band-aid too. However, the govt failed us with their wisdom.

Most people want to think that when history repeats itself, only the good events repeat. It just isn’t true.

Just because there have been 10 prior cycles doesn’t mean that there is going to be an 11th.

The false sense of security that many people have and their expectations of what will happen is a huge problem, that goes unrecognized.

It repeats itself in different ways. The false sense today is what people think their homes are worth.
In the future the stock market and retirement accounts will the delusion that will need to be dealt with.

Denial is powerful. Use it wisely.

[HLS]

Home Loans is one of the businesses that I am involved with.

esmith: Your reply is very textbook and not advice that I would give anybody.
I think that the chapter on global terror was left out, which is a very real threat.

I don’t think that you covered the possibility of a 0%-1% Discount OR Fed Funds Rate.
Just because something has never happened before, doesn’t mean that it can’t or won’t.

Our economy mess today is a result of Sept 11, 2001.
Low interest rates saved the country. That was a band-aid too. However, the govt failed us with their wisdom.

Most people want to think that when history repeats itself, only the good events repeat. It just isn’t true.

Just because there have been 10 prior cycles doesn’t mean that there is going to be an 11th.

The false sense of security that many people have and their expectations of what will happen is a huge problem, that goes unrecognized.

It repeats itself in different ways. The false sense today is what people think their homes are worth.
In the future the stock market and retirement accounts will the delusion that will need to be dealt with.

Denial is powerful. Use it wisely.

[Eugene]

I don’t think that you covered the possibility of a 0%-1% Discount OR Fed Funds Rate.

1% Fed Funds Rate is possible, but I don’t see it translating into lower mortgage rates. We all saw what happened to 10-year treasuries after the last cut.

[Eugene]

I don’t think that you covered the possibility of a 0%-1% Discount OR Fed Funds Rate.

1% Fed Funds Rate is possible, but I don’t see it translating into lower mortgage rates. We all saw what happened to 10-year treasuries after the last cut.

[HLS]

Last time that happened, (1%)
30 YR rates were close to 5%
15 YR rates were 4.75%

In an effort to save a sinking ship, who knows what the “system” will offer….

Why aren’t more people scared about what is going on ??

[HLS]

Last time that happened, (1%)
30 YR rates were close to 5%
15 YR rates were 4.75%

In an effort to save a sinking ship, who knows what the “system” will offer….

Why aren’t more people scared about what is going on ??

[Author]

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