Replies to post #109218 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

If the TNX is going to the 25.8 target of the triangle Augie posted this weekend, you should see 30-year fixed loans at 4.25% and 15-year loans at 3.4% within the next 1-year.

[Babylon]

No, just a regular one. Still undecided on whether to opt for cash out or not though. The key in that decision is where will interest rates be 12 month from now, because I'm thinking of using it for some sort of investment yield return. If they're going to be higher, I'll gladly eat the negative return for now. If they're lower, and we continue downward on the curve, it would be a bad, bad mistake, as far as RR is concerned.

If anyone has a opinion where they think rates might be 12 months out, it'd be nice to hear all of your opinions. I know AJ was leaning to possibly 4 1/4 30 year rates sometime this year, so there's one.