The bubbleinfo twitter only follows two people; Jim Grant, and Rich Toscano.
For those worried about rising mortgage rates, listen to what Jim said today:
by Jim the Realtor | Jan 11, 2013 | Interest Rates/Loan Limits | 6 comments
The bubbleinfo twitter only follows two people; Jim Grant, and Rich Toscano.
For those worried about rising mortgage rates, listen to what Jim said today:
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
CA DRE #01527365, CA DRE #00873197
Rancho Santa Fe fire captain dies of complications from COVID-19 https://thecoastnews.com/rancho-santa-fe-fire-captain-dies-of-complications-from-covid-19-2/
Gibson, Ford, Brock, Seaver, Kaline, Morgan, Niekro, Lasorda, Sutton and now Hammerin Hank. We’ve lost some of the greatest to ever do it this year. @TommyLasorda is gonna have a hell of a roster to manage up there. #RIPLegends
Comments on December Existing Home Sales https://www.calculatedriskblog.com/2021/01/comments-on-december-existing-home-sales.html The delay in the buying season has pushed the seasonally adjusted number to very high levels. For example, this number of sales, (NSA) in July, would have given a 5.3 million, as opposed to 6.76 million SAAR.
Will they think or only act? I have my doubts. How far can they kick the can?
I don’t think the Fed can control it anymore, and if that becomes obvious, rates could take off. Then what, the Fed spends more on MBS?
I guess it is possible, heck they could just buy ALL the MBS and everything will be fine!!
I’d love to see 30-year mortgage rates at 12%. Not going to happen, but it’s a nice dream.
Isnt the FED buying most of the treasuries from the US govt?
They have to keep rates low to be able to keep borrowing.
It took 61 years for the 1st trillion. Exponential growth is catching up real fast.
The currency is faith based. what breaks the faith?
It will be the bankers who will bump rates at a 1/8% or 1/4% at a time to skim higher profits. I don’t know why it hasn’t happened already.
If the Freddie 30Y rate was 3.875%, it wouldn’t change the housing market.
Today it’s at 3.40%.
This country has changed since 1987, when this famous movie line was spoken:
“Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures, the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge, has marked the upward surge of mankind and greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the U.S.A”
“The bubbleinfo twitter only follows two people; Jim Grant, and Rich Toscano.”
I am very flattered, and also somewhat horrified.
It almost makes me think I should tweet more than once a month, or discuss something besides zombies or giant squid.
Almost.