The New CS Board

[jumanji0881]

At some point the deficits will reach a point where the bond market takes notice and it will mean higher rates. For now rates are moving higher based on the hint of QE tapering. And those higher rates, whatever the cause, will hit the housing market and the economy. I don't think it takes much of a rise in rates to scare prospective home buyers, especially given that housing has been re0inflated so much.