tag:blogger.com,1999:blog-13164186.post112978299044376364..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: Interest Rates Continue to RiseDavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-13164186.post-1129827299016411052005-10-20T12:54:00.000-04:002005-10-20T12:54:00.000-04:00Also, if you start to see these defaults due to hi...Also, if you start to see these defaults due to higher interest rates, you will see why those stodgy old lenders of years' past always wanted to lend at fixed rates to people who could make a 20% downpayment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1129827227840603682005-10-20T12:53:00.000-04:002005-10-20T12:53:00.000-04:00"causing home affordability to weaken"LOL. It won..."causing home affordability to weaken"<BR/><BR/>LOL. It won't cause home affordability to weaken for those of us who want to pay cash or make a big downpayment. In fact, it won't cause home affordability to weaken at all. It will make it more difficult to rent a house from the bank while it duplicitously calls you the owner, but that's about it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1129816219496518382005-10-20T09:50:00.000-04:002005-10-20T09:50:00.000-04:00"At those kind of rates, the bubble will collapse ..."At those kind of rates, the bubble will collapse into a black hole, and yet those rates are quite reasonable to expect."<BR/><BR/>Great point.Davidhttps://www.blogger.com/profile/11169148764438565562noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1129811969177492172005-10-20T08:39:00.000-04:002005-10-20T08:39:00.000-04:00What amazes me is that right now, we are still tal...What amazes me is that right now, we are still talking about interest rates being lower than for most of my (30+) years on this planet, and yet the typical economic debate would characterize interest rates at 9 or 10% as extreme. At those kind of rates, the bubble will collapse into a black hole, and yet those rates are quite reasonable to expect.Anonymousnoreply@blogger.com