Thursday, June 29, 2006

Mortgage Rates headed down

The first signs of a cooling inflation fears arrived today The New York Times reported.

Investors are looking for signs that Mr. Bernanke, like the veteran Alan Greenspan who preceded him at the Fed, can manage a tricky transition, achieving a "soft landing" from a period of strong economic growth and rising inflation to an era when underlying inflation slows without throwing the economy into a tailspin.

Lets see if that tailspin comes sooner and stronger than expected.

No comments: