be care bull

dara

If mortgage interest continue going up, finance sector(so is the big market) will see another big drop no later than third qtr.

There is an article from WSJ,   wfc earned 1.6B from mortgage finance in Q1, most of the profit from refinance.

Well, for the week ended May 29 refinance decreased 16.2 percent to 658.7,  This week, rate is up a lot, I guess it could drop 50% or more.

colderdown

Check CDS and bond spread

Notepad

Good information. Thanks

oldfox

Yes.

毛点点

恩阿，大家看贷款上去了，就会等，要买房子的，也会等，那房产市场不知道会怎样。过了这销售旺季，再来一波foreclosure,失业率再增加一点，我看大奔能不能抗得住。