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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (124648)5/22/2008 9:01:44 AM
From: John VosillaRead Replies (3) | Respond to of 306849
 
I would agree that it would happen now if long term rates were much higher.. Imagine a world with everything currently going on and mortgage rates at 9-10% and the 10 year at 7%+? Probably the mother of all recessions since the 'Great Depression? A stagnating economy for years to come with a slow uptick in rates as inflation gets out of control also possible if they continue to monetize the back end..