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Interest Rates: Make Hay While The Sun Shines!

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Mortgage and Lending with Karen Cooper | Sr Mortgage Loan Originator ! NMLS # 223305 | First Federal Bank of Florida, Ocala, FL NMLS 223305

 

Here is Mike Jones in Tucson highlighting some critical points our interest rate/bond markets are facing. I'm out there making hay right with you, Mike!

 

Original content by Mike Jones NMLS 223495

Sunflower: Mike in Tucson

Butterfly on  sunflower: Mike in Tucson

Pretty, isn't it?  It won't last

The same is true with the extraordinarily low interest rates available right now. 

They won't last.

Don't be a spectator.  Jump in and get that low-interest-rate nectar while the getting's good.

Real world conditions

  • The US has more than $8 trillion in Treasuries outstanding.  That's nearly double the amount just three years ago.
  • China, who holds much of our debt, is experiencing a real estate bubble, with values up nearly 12% from a year ago.  It's economic expansion is slowing, though, and that's going to be a problem.
  • Europe hasn't figured out how it's going to solve the sovereign debt problems of members Greece, Portugal & Spain.

The risk of hyper-inflation has not gone away, and no one in the press (other than talk-radio stations) is taking Congress or our present Administration to task for fiscal irresponsibility.

I'm just sayin...

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I'm Mike in Tucson, your preferred Tucson Mortgage Lender.

NMLS #223495

SUNSTREET MORTGAGE llc ~ Correspondent Mortgage Bank
Offices (AZ) Mesa, Tucson, Nogales, and Albuquerque, NM.

Reach me any time on my Blackberry

520.349.9090

Posted by

Karen Cooper Southern Oregon|California Mortgage ConsultantKaren Cooper - Home Lending Advisor Nationwide

               NMLS #223305

 

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