November 21st, 2011 6:26 AM by Eric Fang
In my previous prediction of lower rates,It can happen only on the condition ofBad news of crisis from France and china
Everyone knows, PIIGS is no news. USA is noNews either. Those news will not move the market that much.
But any bad news about France and Chinawill chake the market. See the link for today.One shoe is dropping. Will we get the low rateswe predicted a few months ago(3.5% for 30 yr fixed,3.0% for 15 yr fixed)?
Let's wait and see. Happy Holidays.