If Mortgage Rates Keep Falling, Why Are Home Sales So Bad? - News and Current Events | futures io social day trading
futures io futures trading


If Mortgage Rates Keep Falling, Why Are Home Sales So Bad?
Updated: Views / Replies:780 / 2
Created: by Quick Summary Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

If Mortgage Rates Keep Falling, Why Are Home Sales So Bad?

  #1 (permalink)
Quick Summary
If Mortgage Rates Keep Falling, Why Are Home Sales So Bad?

As mortgage rates continue to fall, so too are home sales. That wouldn't make sense in a normal housing market, but these are very unique times.

More on CNBC...

Reply to share your thoughts on this current event.

 
  #2 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Futures
Favorite Futures: 6E
 
TheWizard's Avatar
 
Posts: 1,711 since Jun 2009
Thanks: 509 given, 4,072 received

Hard to qualify for a mortgage when you're a PH.D flipping burgers at McDonalds!

Maybe we can sell them to some nice folks from China or India???? Just a thought.

After all, it's what you learn AFTER you know it all, that counts!
Reply With Quote
 
  #3 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


I've talked to some of the younger guys who could easily qualify for a mortgage and are paying rent comparable to a mortgage payment and they say they don't feel an urgency to buy. They like having the gym and the pool in their building and not having to commit to more than 12 months at a time.

Or maybe they were talking about their girlfriends...

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote

Reply



futures io > > > > If Mortgage Rates Keep Falling, Why Are Home Sales So Bad?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Falling Mortgage Rates Spur Some Into Serial Refinancing Quick Summary News and Current Events 0 June 7th, 2011 08:30 PM
Falling Home Prices Hit Big Banks, Fannie and Freddie Quick Summary News and Current Events 0 May 31st, 2011 02:30 PM
Falling Oil Prices Bad for US/China Relations: Economist Quick Summary News and Current Events 0 May 10th, 2011 04:50 AM
Mortgage Demand Falls Despite Low Loan Rates Quick Summary News and Current Events 0 September 22nd, 2010 08:40 AM
Record Low Mortgage Rates Do Little for US Demand Quick Summary News and Current Events 0 August 11th, 2010 09:00 AM


All times are GMT -4. The time now is 05:49 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-17 in 0.07 seconds with 19 queries on phoenix via your IP 54.163.210.170