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Are we back in our way to mid to high 6's for 30 yr fixed?

Sorry ***back ON our way***
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June 08 2009 - US
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We were always back on our way to 6's (or 7's, 8's or 9's), but what is really the question is when.  What is surprising everyone is that we're seeing a violent increase in rates with a $1.25 trillion sugar daddy (FED) supposedly backing this whole thing up, at least, temporarily.
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June 08 2009
Rates HAVE TO GO UP ! If the govt want to ever pay back their rediculous debt they will have to raise rates in order to ever pay this back . Wait until the end oif this year or 1st quater of next year. Once Inflation kicks in and China tels the U.S to pund sand, rates will SKYROCKET
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June 09 2009
Profile picture for bvkiran
It is pure market manipulation. Jobs are being lost but rates are going high. Bank and investors were itching for a excuse to pump up rates. Thanks to Obama giving our money to the banks and they lending it back to us at higher rates. Way to go Rock star.
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June 08 2009
Profile picture for Bud Smoker
Sorry for not being more specific, I meant to ask mid to high 6's by the end of this week.

John, certainly we are eventually heading back to double digit rates as the government continues to play a shell game in this attempted ecnonomic recovery.
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June 08 2009
So John, it is your understanding that the FED wants the interest rates to go up?
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June 08 2009
A trillion dollars doesn't go as far as it used too!
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June 08 2009
 
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