Housing is the foundation of the economy, and when it starts tipping downward, jobs, banks, and local economies feel it immediately. Hidden delinquencies in mortgages and corporate loans mean that a correction could hit like a hidden avalanche, catching lenders, investors, and homeowners off guard. This is a warning that the financial system may already be weakening beneath the surface.
Lumber futures plunged ~22% in August, from $695 to $540 per thousand board feet then slid further to $518 in just two days.
Futures are contracts to buy or sell later at a set price.
Normally, 35% tariffs push costs up but demand is so weak even steep duties couldn’t stop… pic.twitter.com/4swE2KyQP7
— StockMarket.News (@_Investinq) September 3, 2025
The 10Y has been falling but the mortgage people that were posting application improvements for X weeks straight…! crowd has gone silent
Prices are the problem, not rates.
— Don Johnson (@DonMiami3) September 3, 2025
2 decades in business… pic.twitter.com/AaHdfjWgfd
— Don Johnson (@DonMiami3) September 3, 2025
Unbelievable… so basically the fuse is lit and they just covered it in sand so nobody can see it until it blows up. https://t.co/TwBjFVt46r pic.twitter.com/N14gC4SWox
— Financelot (@FinanceLancelot) September 3, 2025