In shock at the asking price of single family homes in no growth, low density areas

[PimTac]

I would not be so surprised to see the 30 year mortgage rate bounce up to near 5% in the coming months. Time will tell.

Americans have been spoiled by super low interest rates over such a long time that they will scream bloody murder when rates are at 5%.

Then again, many don’t realize that is a normal rate.

 

[GON]

My concern is there is so much money in stocks for retired/ retiring folks instead of being in savings/ bonds.

Low interests rates essentially forced conservative retirees into stocks. If savings accounts can pay 5/6/7 percent.... maybe money leaves the stock market for safer pastures.

 

[PimTac]

My concern is there is so much money in stocks for retired/ retiring folks instead of being in savings/ bonds.

Low interests rates essentially forced conservative retirees into stocks. If savings accounts can pay 5/6/7 percent.... maybe money leaves the stock market for safer pastures.

Savings accounts have been a extremely poor place to put money in for decades. I do remember those interest rates as a kid.

People are trying to stay ahead of inflation so bonds don’t work right now. The push is into high dividend paying stocks and value stocks.