I've owned ASTS for a few weeks now and it's up 17% for me. This is the point where I put in a 10% trailing stop and it sells off after a bad day. Not this time, diamond hands!!!
Your mortgage rates will stay stubbornly high. Mortgage rates follow the 10 ur treasury. Usually a spread around 1.75%. Right now that spread is higher. Without looking I'd say 2.5% right now.Scott Bessent sets US treasury goal of 10 year treasury yield at or below 5%.
just 100%Apparently I shouldn't have sold QNTM on Monday's pop... sigh![]()
Mortgage rates between 4-6% would generally indicate a healthy economy. If the 10yr stays around where it is now and early payoff risk subsides we will start to see mortgage rates come down with no change in the 10yr.Your mortgage rates will stay stubbornly high. Mortgage rates follow the 10 ur treasury. Usually a spread around 1.75%. Right now that spread is higher. Without looking I'd say 2.5% right now.
LT mortgage rates at 6% is a nice steady clip for the economy. 4% is low since that would be a low spread for lenders.Mortgage rates between 4-6% would generally indicate a healthy economy. If the 10yr stays around where it is now and early payoff risk subsides we will start to see mortgage rates come down with no change in the 10yr.
I'm wondering if Bessent is putting an upper bound on inflation expectations. The 10 yr and core CPI seems to have tracked fairly close over the last 10-15 years. In others words, the Treausury will tolerate some inflation but no more than roughly 5% over the short term.LT mortgage rates at 6% is a nice steady clip for the economy. 4% is low since that would be a low spread for lenders.
Yeah rates too low means people relying on cash (retired, elderly, etc) are pinched pretty hard. I would guess the float is bigger too at lower absolute values, maybe there's a banker here who can comment.Mortgage rates between 4-6% would generally indicate a healthy economy. If the 10yr stays around where it is now and early payoff risk subsides we will start to see mortgage rates come down with no change in the 10yr.
Just looked and less than 18 months ago I put an offer in on discover for 85 one day. It dropped to around 85.20 and missed. Now it’s over 200. 20 freaking cents or so from a very good gain. Should have just bought at market.
In theory, with nothing else happening, mortgage rates can come down about 70 bps just by reducing the current built in risk premium. This would be the upper range of your mortgage rate scenario. Depending on several factors, the current 30 yr mortgage is between 6.5% and 7%.Mortgage rates between 4-6% would generally indicate a healthy economy. If the 10yr stays around where it is now and early payoff risk subsides we will start to see mortgage rates come down with no change in the 10yr.
In theory, with nothing else happening, mortgage rates can come down about 70 bps just by reducing the current built in risk premium. This would be the upper range of your mortgage rate scenario. Depending on several factors, the current 30 yr mortgage is between 6.5% and 7%.
OK, ASTS is up 22% today and I'm up about 40% overall. WHAT SHOULD I DO?I've owned ASTS for a few weeks now and it's up 17% for me. This is the point where I put in a 10% trailing stop and it sells off after a bad day. Not this time, diamond hands!!!
Do you believe in this stock long term? Some of the stuff I like now but cant picture long term, I will take profit at 25% up. Its really about what your personal strategy is. Satellite tech is interesting lately. Buffett recently acquired more SiriusXM, which looks weird, but he saw something there. My hope is that cellular fades with its limitations and satellite with its far reach takes on more services.OK, ASTS is up 22% today and I'm up about 40% overall. WHAT SHOULD I DO?
This is more of a gamble. It only makes up .25% of my portfolio. I usually keep less than 1% of my portfolio in things like this to play around withDo you believe in this stock long term? Some of the stuff I like now but cant picture long term, I will take profit at 25% up. Its really about what your personal strategy is.
Triple downOK, ASTS is up 22% today and I'm up about 40% overall. WHAT SHOULD I DO?
Always made more money by “sitting” than I did by ”trading”.OK, ASTS is up 22% today and I'm up about 40% overall. WHAT SHOULD I DO?