Tuesday, September 1, 2015

Is it time to get back in to the homebuilder/treasury position

Some of this depends on the Fed, especially the Treasury half.  If they push ahead with too hawkish a policy, the yield curve could flatten.

But, on the housing side, I have heard twitter rumors of strong mortgage activity outside the banks.  Even real estate loans on bank balance sheets might be turning up again.  In the meantime, Calculated risk reports:

Very strong residential investment

Renewed strength in home price appreciation

Maybe recovery is finally coming?

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