1st Meaningful Rate Deline in Weeks 02/22/11 (转载)# Living
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【 以下文字转载自 charles 俱乐部 】
发信人: hkmbb (hkmbb), 信区: charles
标 题: 1st Meaningful Rate Deline in Weeks 02/22/11
关键字: SFR,real estate,mortgage,loan,interest
发信站: BBS 未名空间站 (Tue Feb 22 14:09:10 2011, 美东)
main reasons for the drop are:
1. tension in Middle East--it's been brewing for months since the unrest
started in Tunisia, Egypt, Jordan, etc. as it spreads over to other nations
, including major "oil-producing" country like Libya, ppl start to hedge
themselves by taking profits off table in the equity markets around the
globe. if situations don't contain themselves, oil supply & transportation
get affected, stock markets could turn for the worse. btw, equity markets
are always in competition w/ bond markets for "capital";
2. flight to safety--as uncertainties continue to mount over mid-East,
investors pull money out of equity (namely stocks) and put into bonds. more
demand means higher bond price & lower yield or interest rate;
3. housing price declined in Dec '10--data indicates continue weakness in
housing markets. this unfortunately is good news for bond markets. the Fed
has another reason not to raise short term interest rates any time soon.
发信人: hkmbb (hkmbb), 信区: charles
标 题: 1st Meaningful Rate Deline in Weeks 02/22/11
关键字: SFR,real estate,mortgage,loan,interest
发信站: BBS 未名空间站 (Tue Feb 22 14:09:10 2011, 美东)
main reasons for the drop are:
1. tension in Middle East--it's been brewing for months since the unrest
started in Tunisia, Egypt, Jordan, etc. as it spreads over to other nations
, including major "oil-producing" country like Libya, ppl start to hedge
themselves by taking profits off table in the equity markets around the
globe. if situations don't contain themselves, oil supply & transportation
get affected, stock markets could turn for the worse. btw, equity markets
are always in competition w/ bond markets for "capital";
2. flight to safety--as uncertainties continue to mount over mid-East,
investors pull money out of equity (namely stocks) and put into bonds. more
demand means higher bond price & lower yield or interest rate;
3. housing price declined in Dec '10--data indicates continue weakness in
housing markets. this unfortunately is good news for bond markets. the Fed
has another reason not to raise short term interest rates any time soon.