Mortgage applications are at a low level not seen since Jan 1997 according to the Mortgage Bankers Association.

Sharing is Caring!

Fed chair Powell makes no mention of this brutal hit to real estate market.

See also  Worst Single-Family house sales since 2008

Higher for longer looks like it is the plan – damn the market and economic torpedoes that are coming.

h/t j_stars

See also  Israeli ground forces have crossed into Syria's territory for the first time since the 1973 October War

60 views