Terry Haines 1.4 2 ideas

"Mortgage rates with a 30 year fixed now below 6% here... President's talking about new round of personal and corporate tax cuts... likely by July the 4th." The combination of falling financing costs (<6% mortgages) and upcoming fiscal stimulus (tax cuts/reconciliation bill) creates a "Goldilocks" setup for the housing market and homebuilders. WATCH for entry on Homebuilders as policy clarity improves. If the 10-year Treasury yield spikes again, mortgage rates will rise, crushing demand.