Elaine and James Hansen

Elaine and James Hansen
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Wednesday, August 24, 2016

Greenspan says, "Rates Will 'Surprise' US" - I hate surprises...

I have been accused of only presenting "Good News"
Well, Not this time...
This week, Alan Greenspan the former Federal Reserve Chairman said.
"I cannot perceive that we can maintain these levels of interest rates 
for very much longer.They have to start to move up and when they do they 
could move up and surprise us with the degree of rapidity which may occur."
If this is true, it would not have a positive affect on our Real Estate Market.


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