The home market would have to drop by almost 40% to keep the same monthly payment we currently have.
If that were to happen the homes would probably drop by 60%, because at -40% many would be under water.
And since it looks so good and since the economy is now looking good lets raise rates again. If it took 4.5 Trillion to prop this up, what's going to happen when they "cut" back life support.
What happens if rates return to their 200 year average of 5.18%
The home market would have to drop by almost 40% to keep the same monthly payment we currently have.
If that were to happen the homes would probably drop by 60%, because at -40% many would be under water.
Since the dollar became a fiat currency in 1971 wouldn't a chart of interest rates before this be irrelevant?
Adios amigos, Sayonara Civic, arrivederci, Ciao...
Not Yet still feds event today 6 GMT
And since it looks so good and since the economy is now looking good lets raise rates again. If it took 4.5 Trillion to prop this up, what's going to happen when they "cut" back life support.