« CD Rates And Mortgage Payment | Main | Selling And Buying »
February 13, 2007
The End Of The Housing Bubble
Will mortgage rates drive the housing market
up or down?
up or down?
Both purchases and refis broke their downtrends as rates collapsed in the second half of 2006. But rates are rising again. If the rise in mortgage rates continues, the “recovery” in housing will reverse into an unmistakable death spiral, exposing the fact that on this issue, as with so many others, the emperor (Wall Street) has no clothes.
|
Related Products: |
Read more from this blogger: |
Posted on February 13, 2007 12:39 PM by Mortga80.
Filed in Mortgage Calculator under mortgage rates.
Permalink 
| Comments (0)
