Mortgage Blog

Will the rate goes lower from here

June 5th, 2013 9:27 AM by Eric Fang

The answer is almost for sure. But the traders
seem like crazy now. Actually the market is
very nervous. The stock traders hope the market
has a correction. They waited the May correction,
but it did not happen. Anyway, the market is trading
down some in June now.

For the bond traders, they expect the Fed tapering
the QE, so they expect the rate will go up. But
so it did. But everytime, we did not see the rate
not pulling back in the last a few years. So we
should see the lower rate sometime this summer.
We will need some news. Not Kim news from North
Korean any more. Maybe job report data, maybe
the consumer confidence data, etc.

I am reading a book: What Would Google Do
by Jeff Jarvis. This is indeed a good book.
According to USA Today: It is “Eye-opening,
thought-provoking, and enlightening.”
I will share more with you when I have more
time to write good blogs.

Read another books(forget which one) about changing
and zooming. The world changes too fast, sometimes
for the better, sometimes to the worse. If you don't
have want to change too much, then zooming is not
a bad idea, and if you become great from good.

Did not run the last two days. It is unusual for me.
Sometimes we do need to have strict schedules.
But I am busy this week. You will know why after
this weekend.

Posted in:General
Posted by Eric Fang on June 5th, 2013 9:27 AM

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