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Where's the Hubbub When Rates Go Down?

By Jim Cramer

 About this article:
 If housing is supposed to be choked off when the 30-year rates are at 5.55% like last week, does that mean now that we are back to 5.38% housing will accelerate? And if housing is so decimated when rates are in the 5s because, alas, they aren't in the 4s anymore, how about last year this week when rates were at 6.42%? We heard endlessly last week that the housing recovery was going by the wayside because of the monster move in rates. But no one said a thing about the fact they weren't up that much or questioned what would happen if they went back down. We heard over and over again that the Federal Reserve was out of bullets to bring rates down again, so we would be staggered and there would be no bottom. This kind of "bad news, rates are up/no news, rates are...

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