Mortgage Blog

Remember, this is one of the goal Fed tried to accomplish
for the QEx(X xcan be 1, 2,3..).

And eventually, we should see mild inflation in the next
few years ahead.

First for the stock market, don't be scared by the current
correction. Personally, I think the stock market will go
slightly up. If you are conservative, the dividend blue
chip stocks is not a bad option; bond might still be ok
if the interest rate does not go up too much.

For the interest, I still don't think it will go up too much
in the next 3 to 5 years. But the rate should be near the
bottom(will stay at the range for quite sometime).

Recently, I have some borrowers called me about 15 yr fixed,
even though they had low 5/1ARM now. They just feel a little bit
nervous, 15 yr fixed is a program which has a low rate
with a fixed program.

But ironically, the lenders are not interested in 15 yr fixed
years at this moment. They will be back after they get enough
30 yrs.

And I have assigned myself a project based on the assumption
of mild inflation in the next 3-5 years. I will let you know
after I finish another 60 to 80 books.