Mortgage Blog

Seems like stock market is better than I expected.
I planned to pick up more shares, and I guess that
I will have to wait now.

The interest rate is up now. I know it will be a surprise
to someone. Like I always adovacate, lock a reasonable rate
and focus on more important part of the life.

Read an article from a "professional" on the wall Street
predicting that the interest will be lower for another
0.25% to 0.5%. Personally I don't agree. Well, if he can
predict, then we don't have so much crisis.

But it did have an interesting point about the fixed income
investors. They will pick up the bonds to get a safe 2% to 3%
returns. But once the inflation is over 2.5%, or the unemployment
rate is less than 6.5%, those fund managers can sell the bonds
faster than anybody else. And we will see that one day the interest
rate will go up 0.375% to 0.5%.