Posted by CarolF/NC on 9/11/13 5:08pm
Msg #484258

Not a slow down but a dry up

http://www.cnbc.com/id/101022916

Reply by Edward Cooke on 9/11/13 5:35pm
Msg #484263

What I can't figure out is why people thought that the ridiculously low interest rates would last. Over the past few years interest rates have been lower than even the 1950s; there is NO way that it is sustainable. It's sort of like the housing price bubble of the early 2000s: the value of a home doesn't increase $30,000 in a month just so it can be "flipped".

Reply by Bear900/CA on 9/11/13 10:42pm
Msg #484308

That's too logical - but happening again! n/m

Reply by notary4az2 on 9/12/13 8:06pm
Msg #484430

We are experiencing the best interest rates in decades - still! The problem is not the rates but the fact that Dodd Frank act went into action on July 1, 2013 and the common person cannot get a loan through underwriting because of all the requirements in lessening the credit risk from the private market. How many govt loans have you done today?