Tuesday, March 15, 2016

OCHN: We"ve reached a permanently low floor in mortgage interest rates

Mortgage rates will remain low because the banks and the economy can’t accommodate the loss of sales and lower house prices bound to accompany higher rates.

“Stock prices have reached what looks like a permanently high plateau.”
– Irving Fisher, Ph.D. in economics, Oct....
We"ve reached a permanently low floor in mortgage interest rates

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