Japan Housing & Interest Rates
Posted: Mon Jun 13, 2011 2:28 pm
Japanes 10 year bond yields and Japanese housing market:
http://www.marketoracle.co.uk/images/20 ... -nov08.gif
http://static.seekingalpha.com/uploads/ ... _yield.png
Line up pretty well... interesting that they had a 15 year housing slump... the first few years were extremely fast... the next decade-plus was relatively slow.
Also, I read that their current mortgage rates are less than 3%.
http://www.marketoracle.co.uk/images/20 ... -nov08.gif
http://static.seekingalpha.com/uploads/ ... _yield.png
Line up pretty well... interesting that they had a 15 year housing slump... the first few years were extremely fast... the next decade-plus was relatively slow.
Also, I read that their current mortgage rates are less than 3%.