The Upcoming Housing Boom

Just as predicted the mortgage rates have accelerated their decline. Recently the REIT have begun refinancing at rates around 6%. When an industry with billions in debts is able to refinance for 5 to 10% less and raise rents for 5% more. Good times lie ahead.

Hanging tight on my REIT

The wild card is the US Dollar. With it's collasp it makes no sense for the world to buy the ten year notes. Ultimitly it is the US Treasury that control's the interest rates and cost of debt - not the Federal Reserve.