2011 The year of the Re-finance

let's take a look

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After helping corporations issue over $1 trillion of debt a record-low yields, the Fed is now turning its attention to consumers' balance sheets, says John Lekas, senior portfolio manager at Leader Capital where he runs theLeader Short-Term Bond Fund.

"They're going to continue to buy" Treasuries until the yield on the 30-year bond hits 2.75%, Lekas predicts. That, in turn, will drive 30-year fixed rate mortgages to around 3.75%, which "reloads the consumer with a 30-year stream of income," he says, estimating savings of about $400 per month for the average U.S. household.

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http://finance.yahoo.com/tech-ticker/2011-outlook-deflation-and-dow-4200-followed-by-%22wave-of-refinancings%22-535470.html;_ylt=Alsw3.Ta2MT8fZ3L2VFX6JVk7ot4;_ylu=X3oDMTB2ZDUzYTg0BHBvcwMxNQRzZWMDYXJ0aWNsZUxpc3QEc2xrA2hlcmU-?tickers=^DJI,TLT,XHB,UUP,UDN,^VIX,DBC