Borrowing costs surged again this morning, the 30-year fixed rate hit a new spring high as the bond market reacts to wartime energy spikes…
Freddie Mac reports the three-week slide in rates is officially over, the 10-year Treasury yield is dragging home ownership out of reach for thousands…
Active listings have finally breached the 1-million mark, but the “lock-in effect” remains a cage for owners sitting on 3% pandemic-era paper…
J.P. Morgan is now forecasting a “flat zero” for national home price growth in 2026, the era of the bidding war has been replaced by the era of the “wait and see”…
The “American Dream” just got another $100 a month more expensive, the spring thaw is a bust.
Inventory is up but the buyers are ghosting, 6.38% is the new psychological wall nobody wants to climb.
If the Fed doesn’t blink by June, the housing market isn’t just slowing—it’s hibernating.
Inflation jumps to 3.3%, gasoline accounted for 75% of the spike
The latest CPI data is a punch to the gut, the annual inflation rate accelerated to its highest level in two years as the Iran war fuels an energy crisis…
Gasoline prices are up nearly 20% year-over-year, effectively wiping out any wage gains the middle class saw in the first quarter…
Shelter costs are still “sticky” at 3%, preventing the Fed from even discussing the interest rate cuts the market is begging for…
Core inflation managed to stay calm at 2.6%, but for the average American filling a tank and a fridge, the “core” number is a meaningless academic stat…
Energy is the monster under the bed again, and the Iran war is feeding it every night.
You can’t have “soft landings” when the gas pump is doing a moonshot.
The Fed is trapped between a recession and a literal fire, they have zero moves left.
30-year fixed rates hit a spring high; 3-week slide is officially over
March saw a record 21.2% MoM jump, the largest since 1967
Listings breached the 1M mark in May, but buyers are “ghosting”
The 30-year yield is now 8 bps away from a new 18-year high. pic.twitter.com/UQgGB4AGiL
— Jim Bianco (@biancoresearch) May 4, 2026
If the Fed doesn’t cut by June, the housing market isn’t just slowing, it’s straight-up hibernating.”