patrick.net

errc says

Will mortgage rates go lower this year?

Look at that 10 year at 1.60% as being the base

2012-2016

2 times we have broken down to 1.30% level

Both times needed a European event

2012 Spain default fear trade

2016 Breixt ( Over Drama event of the cycle)

3rd lower high now in place ... wedge is getting tighter and tighter

It's going to take another event to break down below 1.31%

It is a National Travesty that we are giving away our debt at such cheap prices when obviously, we could fetch MUCH higher price