- Nov 7, 2016
- Professional Status
- Certified Residential Appraiser
Well, none of those are much of a barometer of anything. The reasons that the stock market is up and mortgage rates are down are problematic, and likely to worsen all economic trends in the future. Cruz and the other 534 folks living off us should go elsewhere so we could start with clean slate, but that won't happen as long as everyone is content to keep sending them back as long as the handouts reach the masses. But the $20 trillion in national debt added during the past 12 years has bought us nothing, compliments of both Democrats and Republicans. If the current regime gets even a fraction of their promises funded (by more borrowing or mortgaging our future), that will just mean more gas on the fire. The test will come when mortgage rates start to rise and the stock market plummets.I thought he's doing a good job so far.
Mortgage rates down. Stock market up. Ted Cruz in trouble.
Yer right, not a thing can go wrong. Time to live it up like its 1928!With trillions pumped into the economy, how can the stock market plummets?
We're in the best scenario where trillions go into the economy with no inflation and the well to do get the benefits of the low mortgage rates.
Congrats Mike. I know you've been an honest, ethical appraiser for a long time. Some people "cant" not work. They would go crazy sitting around. Others love the free time and adapt immediately..You deserve either. I would make sure I smell the roses and enjoy life. If you don't need the money I would consider renewing, just so you dont lose it, but not appraise much at all. Lifes too short. Enjoy life, travel, fish, breathe...Just my take. Good luck either way.I just turned 79 and am still appraising full time. Well, actually only working 4 days a week. I'm on the VA panel and that all I do...VA appraisals. My license expires the end of this year and I will be 80 in January. Wondering how many of you are still appraising at 80 years of age or more. Thinking about renewing for another two years???