Falling mortgages would be good if prices fell too

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Aug 14, 2019
9:46:11pm

Dissenter All-American

Falling mortgages would be good if prices fell too

I couldn't afford a home in Utah with a 2% interest rate

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Dissenter

Previous username: nlawyer
New username: 459873495872345
Bio page: Dissenter
Joined: Jul 18, 2011
Last login: Aug 31, 2019
Total posts: 0 (0 FO)

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Messages

Author

Time

The US 30 yr treasury is trading below 2% in after hours trading. That's the first time in history it's ever been this

HarlemCoug All-American

8/14/19 9:39pm

I don’t think I like going a trillion in debt right before a recession.

chago04

8/14/19 9:45pm

Is Obama still President? Just wondering

Don_Juan_El_Guapo

8/14/19 9:47pm

No, somehow an even bigger moron is president.

chago04

8/14/19 9:50pm

Fat joke...so cruel

Don_Juan_El_Guapo

8/14/19 9:57pm

Trump is indeed a fat joke.

chago04

8/14/19 10:05pm

RE: Trump is indeed a fat joke.

Don_Juan_El_Guapo

8/14/19 10:10pm

You misspelled “The World”

chilango

8/14/19 10:18pm

RE: Trump is indeed a fat joke.

chago04

8/14/19 10:19pm

Wouldn’t that help avoid a recession.

SierraCoug

8/14/19 9:58pm

Usually the massive deficits occur during recessions, when tax revenues drop and

chilango

8/14/19 10:06pm

I think you mean a trillion-dollar annual Federal deficit. The Federal debt is

chilango

8/14/19 10:00pm

We already have a trillion dollar deficit, a trillion dollar purchase of bonds would be another trillion dollars in debt

chago04

8/14/19 10:06pm

Ah, got it. I misread your post. Missed the word “going.”

chilango

8/14/19 10:07pm

I wasn’t being very precise, just speaking off the cuff so I wasn’t clear.

chago04

8/14/19 10:08pm

Falling mortgages would be good if prices fell too

Dissenter

8/14/19 9:46pm

but since we never pay down our debt, what do we do when rates go back up?

Cougarclaw

8/14/19 10:30pm

Keep cutting taxes and increasing spending!! Woo-hoo!!!

chilango

8/14/19 10:55pm

these are fixed rate bonds - if they are issued now, then the payments are the same for 30 years. If rates go up, we

HarlemCoug

8/14/19 11:04pm

Lower mortgage rates at this point won’t stimulate home purchases that much.

conetah

8/14/19 11:43pm

<< Deleted >>

HarlemCoug

8/15/19 12:02am

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