Here's what we know:
1. The 30-year treasury averaged 3.4% in 2013.
2. The 30-year treasury averaged 3.4% in 2014.
3. The 30-year treasury is currently below 3.0%.
4. Interest rates go up in a rising interest rate environment.
Here's what we're told:
1. It's a rising interest rate environment.
2. The Fed won't allow another recession.
3. The stock market always goes up.
4. The moon is made of green cheese.
MBA: Mortgage Applications Decrease
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From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 4.7 percent from one week earlier,
according to da...
20 hours ago
2 comments:
Green cheese is downright unAmerican. Which makes it even odder that only Americans have cavorted on the moon (or Nevada, if you happen to be insane).
Even sharks are cavorting in space, if Sharknado 3 is any indicator. ;)
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