No, I have moved all my money as of yesterday to money markets. I think a down turn is coming.
Let me ask you one question, if I may. Reading what is in the news about housing and the economy as I have. Would you now be looking into buying a new house, either as an investment or moving up to a larger residence? Yes thsi would mean encuring more debt. Or would you stand pat for at least 6 months to see what shacks out?
Depends on the market. There is no such thing as THE housing market. They can be very different in only 5 miles... So, in a good area, yes... before interest rates rise further...
Admittedly, I haven't read all the housing and economic new as you....but what I read paints a low unemployment, stable economy, steady and perhaps rising interest rates. A 6-7% mortgage is a good deal, historically and empirically. Would I move--sure--if I could find a bigger house at a good price---but I ain't looking. Maybe when the economy collapses and the McMansions are sitting empty I will buy, but I ain't holding my breadth.