"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
10 hours ago
4 comments:
Japan's 10-year 1.01% treasury minus its 5-year 0.34% treasury is currently 0.67%.
Don't know why I even bring it up.
http://research.stlouisfed.org/fred2/graph/?g=6ae
For some reason the path of systemic leverage (yellow) reminds me of http://www.youtube.com/watch?v=GWFjD_e9OAg
Troy,
"Tonight we have had the privilege of witnessing the greatest exhibition of guts and stamina in the history of the ring!"
Adrian!
Troy,
Us on the other hand are going the Idiocracy route.
We should hang out, lol. ;)
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