Housing Market: Why Record Low Mortgage Rates Aren’t Helping

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Housing Market: Why Record Low Mortgage Rates Aren’t Helping



http://us.rd.yahoo.com/finance/exte...record-low-mortgage-rates-arent-helping.html/

 

[Bullitt]

So basically you need house prices to go up no matter what the formula. I never thought of it like that. With interest rates going down and house prices stagnant, the elixir has yet to work.

"just give it four more years..." Give me a break.

My question is, "What is the endgame?"