Reply to "Not gloom and doom, but Mortgage rates have risen since Trump's election"

Former Member

caribny posted:
ba$eman posted:
Kari's latest battle cry, rising interest rates. The FEDs kept rates low keeping Obama's weak economy of life support. This was never sustainable. Now that Trump will take over, the economy will grow and Interest rates have to become more realistic!
Baseman I know that you are an Indo KKK, and therefore an IGNAR, but the Feds have NOT increased their interest rates yet.
What we have seen is an increase in long term rates, usually an indicator of increased risk of inflation.

Listen banna, they are pricing in an expectation. The markets know that Trump wants higher rates. Yes, there is also an increase risk of inflation as they expect increased growth.

The Feds kept rates low to help prop the economy in the absence of a stimulus!

11/25/1610:38 PM

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