Thursday, March 22, 2012
Barrons Magazine says housing prices Ready to Rebound
Barrons magazine, right on the cover, last Saturday heralded the news that "Home Prices Ready to Rebound" as they have done for the past six years at this time of the year.....and it appears that hedge funds and speculators are very ready for that prediction to come true....and also those who have homes to sell I might add...which is most of America. And then on Thursday, interest rates rose on thirty year mortgages and bond yields rose as their face value declined.....all because they had not read Barrons and followed the plan....please folks, lets get on the same page. Remember what Ben has said...that rates will remain low until 2013.....lets not get frisky and upset the plan.
Posted by Richard Woulfe at 1:01 PM