I keep hearing that "US interest rates can't go much lower." really? Was just in Japan and a friend told me he'd just refi'd his house at 2.1% for a 30 year fixed.
I checked and yep, rates are really that low. (Top right corner.)
So unless "the dam breaks" we can expect US interest rates to continue to fall, right? Or not?
http://housingloan.jp/?source=Patrick.net
I keep hearing that "US interest rates can't go much lower." really? Was just in Japan and a friend told me he'd just refi'd his house at 2.1% for a 30 year fixed.
I checked and yep, rates are really that low. (Top right corner.)
So unless "the dam breaks" we can expect US interest rates to continue to fall, right? Or not?
#housing