Thursday, February 6, 2014

Linear Trend Failure of the Day

Click to enlarge.

It would seem that banks are not going to be paying people to take out mortgages after all. Who knew?

Strike one more economic tailwind off the list.

Source Data:
St. Louis Fed: Origination Fees and Discount Points for 30-Year Fixed Rate Mortgage


EconomicDisconnect said...

While we are on music, spool this baby at the 3:00 mark and let it rip. Randy was the best:

Stagflationary Mark said...


I was just working out to Ozzy recently. :)

EconomicDisconnect said...

I used to do my boxing training to the Tribute album. 8 rounds heavy bag, 10 rounds jump rope, 4 rounds speed bag, then sparring. They would not let music play when we boxed at Lowell West End.

Stagflationary Mark said...

My New Year's Resolution is/was to climb 50 miles on the stair climber this year. It's been just over a month. Piles of CDs are growing around it. Go figure!

Last year was a complete bust. Sprained my ankle big time (worst sprain of my life). Had some pent-up climbing demand. So far, so good. :)