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To: Mike McFarland who wrote (346)9/22/2011 11:00:47 AM
From: Mike McFarland  Respond to of 379
 
Operation twist, super low rates, fears
of deepening recession, no rush on this idea,
but sure a great time to borrow cash.

Here is that short treasury thing that may take
awhile to bottom out, maybe over the next year or two?
Bid:42.00 x 2000
Ask:42.04 x 1000
JPMorgan 2X Short US 10 Yr Trsy Fut ETN (DSXJ)

-------------mortgage rates-----------
I get a quote for $3.5% for a 15 year loan, here are the charges...

BECU
Discount Points $0.00 0.000% Origination Fee $2,000.00 1.000% Title Insurance - Lender$496.00Recording Fee$180.00Settlement/Escrow Fee$808.40Tax Registration Service Fee $63.00Credit Report Fee$18.00Flood Cert Fee$12.00Title Insurance - Owner$940.00Appraisal Fee*$495.00 Summary of Charges: $4,517.40



To: Mike McFarland who wrote (346)4/12/2014 1:27:07 PM
From: Mike McFarland  Read Replies (1) | Respond to of 379
 
7-10 year treasury bear 3x TYO

finance.yahoo.com

In September 2011 this was around $29, moved down below $22

a year ago, and now seems to be headed down again.

Not a winning idea.