The Quick and Expected Climb to 6% Mortgage Rates
Guest post by Brian J. Brady
Mortgage rates have been steadily climbing, from a low of 4.5% around November 27, 2009 to above 5% on December 22, 2009. For the past two months I’ve been warning that this will eventually happen. It’s not because the economy is recovering; it isn’t recovering. The reason mortgage rates will [...]
The Mortgage Crisis…
The mortgage crisis has been the main shark in the water over the past couple of years. You should know where that shark is and whether or not it is hungry. The chart below shows you those ferocious fish may still have an appetite:
It shows you that we are past the viscous subprime crisis, when [...]
