Tuesday, October 10, 2006

What's GOING ON???!!!!!!!

So what is going on here?

The European Central Bank has indicated that it may still raise interest rates. The Federal Reserve gave an indication it is time for a rest. Yet mortgage rates has risen.

The dollar fought the trend of relativity and gain strength during this period. Yet mortgage rates has risen.

So what is going on here?

JP Morgan knows and so do I. I told you over a week ago what is going on here. THERE IS A SURGE IN MORTGAGE APPLICATIONS. It is the law of supply and demand that is bucking the mortgage rate chart. For all economic factors say that mortgage rates should be fall. THEY ARE NOT. They are rising because of a surge of home buyers.

I told you over a week ago that by buying a house then instead of April you would save 5% on your mortgage payments and 5% on your house.


Ain't it great to see demand pick up?

You will see the results in our future economic numbers, by then TOL will be 20% and houses will be 5%.

Stop wasting your time looking at a stock chart. Look at the mortgage rate chart and ask yourself WHAT IS GOING ON. YOU will then see the answers before the rest of the world. THIS IS HOW YOU MAKE MONEY IN THE MARKETS.

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