Quaker

Housing Bubble and Real Estate Market Tracker

The one thing that nobody seems to factor in is a rise in interest rates. The tacit assumption is that the fed will cut rates before they allow the housing market to hurt the economy. The only problem is, there's scant proof that the fed a tit for tat effect on interest rates.

The fed raised rates 4.25% and Mortgage rates went up less than half that. What makes anybody believe they can have a greater effect on the downside.

Gold i$ 695 an ounce and the dollar is falling faster than Paris Hiltons nickers. looks like at least foreigners think our inflation rate is headed up.