For those that continue to think interest rates will be "Allowed" to rise, well if we continue to see articles like this, you better rethink that rate rise premise. We also wanted to note JPMs recent 10yr rate outlook calling for a 1.95% by year end. We highly doubt that it will end up there, but would note that as a buying opportunity if it does. Anyway New Home Sales hits 10yr Low! Read article here on Zhedge New Home Sales Plunge
New Home Sales Hit 10 Year Low
For those that continue to think interest rates will be "Allowed" to rise, well if we continue to see articles like this, you better rethink that rate rise premise. We also wanted to note JPMs recent 10yr rate outlook calling for a 1.95% by year end. We highly doubt that it will end up there, but would note that as a buying opportunity if it does. Anyway New Home Sales hits 10yr Low! Read article here on Zhedge New Home Sales Plunge