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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Spekulatius who wrote (6497)11/2/2002 2:01:28 AM
From: ildRead Replies (1) of 306849
 
Reaper on the CFZ thread has predicted 2%+ interest for the 10 years treasuries. If this happens we could have 3%+ mortgages

From Bill Gross:
There will never be much less than a 5% 30-year GNMA, Freddie Mac, or FNMA mortgage issued in size no matter what Greenspan does - and that's a forecast you can take to the bank, with a high probability outcome. No investor in their right mind would be on the buy side of a 30-year mortgage with a 4% coupon and a potential extension from a 5-year, to a 12, to an 18-year average life staring them in the face.
pimco.com
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