Techempage (techempage) wrote,
Techempage
techempage

~sigh~

The economy has been good for a while now.

Now just as I'm starting to look into the info for my mom's house, the jobs finally start improving, big time.

I can see you all now, "But that's a good thing techempage, isn't it?

Yes, it's a great thing with all the people that have lost jobs in the past few years. However, this has killed the bond market, sending intrest rates up.

And mortgage rates are based on bond interest rates.

Which means over the past two weeks, it's gotten much more expensive to get a house.

~double sigh~ With the timing of this, I'm almost tempted to feel this is a sign saying, "Look, this isn't the right course of action!"

But that would be really really egotistical...
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