re: If trump wins I think housing rates will drop

Midterm Forecast:

Housing Sector: Anticipate a significant correction in housing prices, possibly around a 30-50% reduction, as high DTI ratios and economic uncertainty weigh on demand.

Monetary Policy: Expect quantitative easing measures to be implemented to counter recessionary pressures, which may provide some support to mortgage rates but could be limited by the steepening yield curve.

Interest Rates: With the steepening yield curve, mortgage rates may not experience significant reductions, potentially remaining stable or experiencing only modest declines despite monetary easing efforts.

Economic Growth: Economic growth may remain sluggish due to subdued consumer spending and investment, exacerbated by the housing market downturn.

Inflation: Inflation may be subdued initially due to weak demand, but expect gradual increases driven by commodity price hikes as the economy stabilizes.

Commodity Prices: Foresee an inflationary effect on commodity prices due to quantitative easing measures and potential supply disruptions, leading to higher costs for consumers and businesses alike.

Basically we have the 70s all over again. Inflationary goods and service economy and bear market in the auto and real estate sector.

Welcome to your future.