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Have a great weekend!
Posted by Liv Real Estate
on
A lot of fools are listing too early instead of waiting 'till the end of 2021 when 5 year mortgages finally crack the one percent mark to the downside at select mortgage brokers.
Posted by Tony on Thursday, August 22nd, 2019 at 8:21pmTony, do you think think another recession will hit?
Posted by Tom on Saturday, August 24th, 2019 at 3:23amAlso, it's encouraging to see SFH prices hitting a multi-year high! I think 2020 and 2021 will hit an all time high.
2021 should be a bloodbath for stocks worldwide especially U.S. stocks. A recession in America will likely be declared around the third quarter of 2021. As gold and silver usually fall in a recession money will probably flow out of gold and into real estate as it'll be the only place left to put money long. Gold should have a spectacular run for the first 6 months of 2021 as interest rates fall off a cliff to start 2021. I'm shorting gold from the start of May 2020 to the end of September 2021 then buying gold in November 2020 and selling around the middle of 2021.
Posted by Tony on Monday, August 26th, 2019 at 2:04amMortgage rates should rise from the start of May 2020 to the end of September 2020, a counter-trend to the current trend. This will be all bogus economic data coming out of America to get Trump re-elected. After the 2020 election the bottom will fall right out of interest rates and the U.S. dollar. The central bankers in America claim they can stave off a recession in America until 2028 and also claim real estate and the U.S. stock market will double between now and 2028.
Posted by Tony on Monday, August 26th, 2019 at 2:11amThey're talking about interest rate will keep raising on TV. Conservative party says the interest rates going to raise, so national debt needs to cut.
Posted by Sharon on Thursday, August 29th, 2019 at 3:22amThe odds of Canadian rates rising is zero and the odds of the Bank of Canada rate being cut is 100 percent. Poloz said the Bank of Canada rate will probably be cut half a point by the first quarter of 2020. My guess is it'll be cut three quarters of a percent by first quarter 2020 when rates bottom out in America at the end of April 2020 for the year 2020. Rates will push into the negative at the start of 2022 in both countries as America enters recession in the third quarter of 2021.
Posted by Tony on Friday, August 30th, 2019 at 6:39amLeave A Comment