We look to still be headed for better Austin mortgage rates
We look to still be headed for better Austin mortgage rates. With the bounce back today, these are very nice levels.
The implication for interest rates is that unless the U.S. can reduce its massive budget deficit, the Treasury will not be able to sell its debt except at very high yields
The U.S. government cannot default on its debt obligations in the same way that a household or a corporation does. The implication for interest rates is that unless the U.S. can reduce its massive budget deficit, the Treasury will not be able to sell its debt except at very high yields.