Commentary: ‘Housing risk ain’t over’

Bubble babble is dead, but we haven't turned the corner yet
Published on Jan 22, 2007

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by CareyBot

Long-term rates are clinging to their highs (6.25 percent for mortgages, 4.77 percent for the 10-year T-note), but the bond market looks lousy, poised for another rise. The straight-line, quarter-percent rise in rates began in the second week of December, ...