The past year I have had the opportunity to write my daily thoughts of the World from a Mortgage perspective. The biggest challenge is making sure I’m not finding the data that represents my conclusion.

Most economists at best are wrong and at worst are completely wrong. The recent CPI, PPI and CPE data shows we don’t have a crystal ball.

Be careful of your internal bias because it’s very selfish and hungry.

My best guess is the Feds will now start lowering the Fed rate in June. By Summer we may be solidly in the low 6’s for interest rates and by winter in the 5’s.