Mortgage Rates

Move back to their Mean!

DYI:  

As worldwide Boomer generation continue to move into retirement ending the saving glut rates will continue to move upwards but in a saw tooth manner.  Over the coming year’s new highs (since 8-4-2020) will be made along with subsequent higher lows oscillating from growth to recessions.

Until the Millennial generation moves into their prime savings age – the kids fully grown and out of the house – AND the Boomer’s, to be blunt leave this earthy planet, significantly reducing governmental social spending costs interest rates will begin to decline on a secular basis.

Today expect over time saw tooth higher interest rates, stubborn inflation, along with a declining stock and bond market plus a residential real estate market underperforming inflation.