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Boomers, Bonds, and Morgages

Posted by Jäger on 2004-09-24 08:18:41


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)