Boomers, Bonds, and Morgages
Posted by Jäger on 2004-09-24 08:18:41
World-readable
Our loan guy said something I haven't heard before, but it makes sense. After loosing their shirts in the stock market when the bubble burst*, soon-to-retire baby boomers are likely to buy safer bonds. More demand for bonds means lower yield; lower bond yield means lower interest rates for morgages.
[* "They didn't listen to their financial advisors," our loan guy told us bitterly. ]
Offer (2004-09-23 20:55:20)
- Boomers, Bonds, and Morgages (Jäger at 2004-09-24 08:18:41)
- Update (Jäger at 2004-09-24 13:15:10)
- No news is ... ? (Jäger at 2004-09-25 20:31:57)
- Accepted! (Jäger at 2004-09-26 10:26:39)
- "Almost" (Jäger at 2004-09-26 20:58:00)
