[moovova]

“...they are on the cusp of raising interest rates for the first time in almost a decade.”

They’ve BEEN on the cusp of raising rates for a decade.

Not to mention, a decade ago would’ve been THE appropriate time to raise mortgage rates to slow the housing bubble.

[agere_contra]

Agreed! They're never going to raise rates.

Well, perhaps 20 bp as a one-time deal, just to pretend that the economy has taken off. But a real hike? There's no chance whatever.

When the stock market crashes in September we'll have QE again.

[Toddsterpatriot]

Not to mention, a decade ago would’ve been THE appropriate time to raise mortgage rates to slow the housing bubble.

As you can see, they started raising rates in 2004 to burst the RE bubble.