News Focus
News Focus
icon url

James T Kirk

08/07/04 6:56 PM

#281135 RE: Joe Stocks #281131

I'm not making a prediction but long rates in Japan went down to 1%. That would certainly improve people's ability to buy homes. A $500,000 loan would be about a $1600 monthly payment.

Long term, house prices may end up being inversely correlated with long term interest rates.