Friday, October 23, 2009
“housing bulls should enjoy the recent summer bounce while it lasts. 2010 isnâ€™t looking pretty.”
"Interest rates for US 30-year fixed home loans have just risen for the second week in a row. The average rate is now 5%, against 4.92% last week. That may not sound like much of an increase, but the reason behind the rise should have housing bulls everywhere worried."