A hub for independent voices and hard truths
by confoundedinterest Nobody wastes money like government, particularly around events like Covid where Federal spending led to housing prices spiking after Covid outbreak in 2020. This made housing unaffordable for most households. This in turn helped kill the mortgage market. …
by confoundedinterest17 Feelin’ stronger for the most part. Mortgage applications decreased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 3, 2025. The Market Composite …
by confoundedinterest17 Well, its that time of year again. Mortgage applications drop to their lowest levels after Christmas until New Years Eve. Then mortgage applications pick up in the new year. Mortgage applications decreased 21.9 percent from two weeks earlier, according to …
by confoundedinterest17 Government didn’t build this country. The private sector did. Housing Starts: Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,289,000. This is 1.8 percent below the revised October estimate of 1,312,000 and is 14.6 …
by confoundedinterest17 We are in the jungle. And its a bungle in the economic jungle. Existing home sales disappointed (yet again) in September, declining 1.0% MoM (vs expectations of a 0.5% MoM rise). August’s 2.5% MoM drop was revised up to a 2.0% …
by confoundedinterest17 I’ll feel a whole lot better … when Kamala Harris is gone. Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 18, …
by confoundedinterest17 Well, this isn’t good if you are a mortgage lender. Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 8, …
by confoundedinterest17 I wonder if Biden will use his writeboard to brag about the 30-year mortgage rate rising 157% under his economic Reign on Error? Aka, Bidenomics. Mortgage applications increased 2.3 percent from one week earlier, according to data from …
by confoundedinterest17 The Talking Heads said it best. Bidenomics is burning down the housing market. Bidenomincs (or trying to recover from Yellenomics) is responisble for interest rates rising to flight inflation and the collapse of mortgage lending. And she was … Janet …
by china-golden She may have a point here. I don’t think China is “finished” however.
by DesmondMilesDant What is going on here at the Non-Farm payrolls report? Let me confuse you from something in 2008. According to the most recent jobs report, nonfarm payrolls increased by 339 thousand in January. This is good news for …