from King World News
Today King World News takes a look at shocking surprises in the housing market and how these surprises will impact the gold & silver markets.
First, Fitzpatrick’s fascinating notes and charts on the housing market…
Top Citi analyst Tom Fitzpatrick sent KWN the following regarding the housing market:
30-Year Mortgage Rates Hit New Lows
“Given that we firmly believe that the present level of long term US rates is insanity (and insanity could continue given the value in the US long end of the curve versus the Japan and European markets) it is providing increased stimulation to what we believe is a healthy economy and a buoyant housing market (see 30-year mortgage rates hitting new lows below).