Thanks to the Fed's bond buying program, the bond market is in a bubble and WILL burst in the near future. Rates will skyrocket crushing the vulnerable economy and housing market. There are a few economists who predict mortgage rates can hit 10% when the bond market bubble bursts. This will mean that we can easily see a 40% crash in home prices!!!
Everytime the Fed intervenes and prevents the free markets from working, they create more bubbles. The housing market is in for an enormous collapse.
Thanks to the Fed's bond buying program, the bond market is in a bubble and WILL burst in the near future. Rates will skyrocket crushing the vulnerable economy and housing market. There are a few economists who predict mortgage rates can hit 10% when the bond market bubble bursts. This will mean that we can easily see a 40% crash in home prices!!!
Everytime the Fed intervenes and prevents the free markets from working, they create more bubbles. The housing market is in for an enormous collapse.
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