The collapse in year-over-year mortgage rates is as bad as that in 2006.
Gee, Hu Nu?
PhD economists told us that higher mortgage rates would NOT affect the housing 'recovery.'
1. There will be 'drag' from highr rates going forward.
2. Remember what happened the last two times mortgage rates spiked at this pace?
Wednesday 3 July 2013
Interest rates. Housing. Hu Nu?.........................from Rico
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