[OT] Interest Rates

I agree, I don't see interest rates going up quickly unless something like a massive default triggers a spike of some sort. I think as long as Trump doesn't do something really stupid like, he said try to renegotiate the debt or something drastic I see interest rates only rising incrementally for the foreseeable future.

Well locking in your mortgage before this interest-rate rise sure makes you look like a genius. But only if you have strippers over to your new place.

Tax cuts for the wealthy and corporations will blow a fucking hole in the debt, but it would certainly put upward pressure on interests rates, no? Infrastructure spending, upward pressure, too. Tariffs and trade wars would put downward pressure. I'll take a wild guess that 10-yr treasury gets up to 3% within a yr or two.

Other wildcards: As @Smith will tell you, Yellen is no longer a supermodel worthy of sucking your dick. Following similar logic, Trump will replace her in 2018 with some incompetent TV star. Same goes for Stan Fischer (one of my heroes ) in 2018 because...well...he's smart and competent and doesn't fit in the Trump image. In fact Trump will appoint half-dozen people to reshape the Fed. Then maybe Rand Paul can push through a bill to audit the Fed or go back to the gold standard (cause of those Ayn Rand novels he read in high school).

Deregulation, together with cranks and fools at the Fed and White House, makes a perfect storm for another catastrophe..

@RandomMember: Not sure. I remember talking to the mortgage. guy I said I didn't think rates would go below where I locked in, but I couldn't see them going up much either. If rates do go up too much though it could hurt housing prices so not sure if you come out ahead short term. Not that I plan to sell for at least 10y though. :-)