[mhx]

Yeah. Me too.

I think it's more of an indicator that the increases in interest rates are going to stop. A lot of times, they stop because the Fed has overshot the target and caused a recession. This time, if they stop in time, maybe that's not a problem (rates were really awfully low before, now they are more normal.)

It would be a great thing if they could just stop raising rates now, and leave things alone and let the economy coast for a few years without screwing around with it.

[RightWhale]

They are about done raising rates. The power range is 2-5%, which is where they are. If the economy turns south, there is room to lower rates for a couple years. But, it is time for mortgage lenders to start making some money.

[Jigsaw John]

I think it's more of an indicator that the increases in interest rates are going to stop.

They'd better. Or they can kiss any recovery good bye.

[editor-surveyor]

"It would be a great thing if they could just stop raising rates now, and leave things alone and let the economy coast for a few years without screwing around with it."

Is your fairy godmother a union member?