Monday, February 28, 2011
US HOUSING MARKET & the 30 YEAR FIXED RATE MORTGAGE
Home prices in the U.S. will continue to face headwinds as the 30 year fixed rate mortgage rate continues to climb despite the FED's best efforts in QE2.
A combination of declining home prices, rising food and energy prices and persistantly high levels of unemployment will continue to weigh down on the economic recovery.
US HOUSING MARKET
US TREASURY BONDS
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