I talked about the challenges the real estate market faces, with increased lending standards and all the other bad stuff going on in the space. I actually showed a possible trade-SRS that would take advantage of the crisis going on in real estate.
Add this to last night's list, Freddie Mac Mortgages are seeing a dramatic gain in mortgage rates, the highest in 3 months. Here's the Story from the OC Register
Now I'm just waiting for the positive short term divergences to sow up in SRS...
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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