Talked to someone tonight who knows the builder market really well. Mortgage buy downs are accelerating.

A mortgage buydown is a financing technique where upfront fees (paid by the buyer, seller, or builder) lower the interest rate on a home loan, either temporarily (e.g., 2-1 buydown: 2% reduction year 1, 1% year 2) or permanently via discount points. It reduces initial monthly payments but they may rise later. Often used by …

READ MORE

Poland downs Russian drones, officially invokes NATO Article 4, and signals Europe is closer to war than at any point since Ukraine invasion began

NATO did not act immediately. There was no formal Article 5, no joint statement. Poland could not wait. The drones were Shahed-136s, designed to explode on impact. Warsaw treated them as a real threat and struck first. The hesitation from the alliance shows how dangerous it is to wait. This was the first time a …

READ MORE

84 illegals arrested for deportation at Delta Downs Racetrack in Louisiana.

84 illegals were arrested for deportation by ICE on Tuesday at Delta Downs Racetrack Casino in Louisiana: “Along with a criminal investigation, agents are also assessing whether civil penalties are appropriate for the businesses that hired the alleged unauthorized workers.” pic.twitter.com/m8iTQCYDVh — Paul A. Szypula 🇺🇸 (@Bubblebathgirl) June 19, 2025

The CBO fiscal budget releases have pointed to two write downs of EIDL loans in the past 13-14 months. $400B issued to 4M firms

The CBO fiscal budget releases have pointed to two write downs of EIDL loans in the past 13-14 months. https://t.co/JR3ZRjRkJI — Neely (@NeelyTamminga) July 10, 2024 What’s curious to me @FreightAlley is that most did not have to put up personal guarantees for the EIDL loan, unlike a typical SBA. Loans < $200K didn’t require …

READ MORE

Zillow estimates tanking. Investors taking $150,000 write downs on houses. May’s housing inventory surge to 481,000 echoes 2008 peak

Investors are now selling at a loss in Florida’s Housing Market, with the Zillow Value estimates on some listings collapsing as much as 30%. Indeed, the seasonally-adjusted estimate of new houses for sale at the end of May was 481,000, marking the highest level since January 2008. This surge in inventory is a result of rising …

READ MORE

BREAKING: Ukraine Downs 2 Russian Command Aircraft

BREAKING: Ukraine airforce says downed two Russian command aircraft READ: https://t.co/YbZFsTccPs pic.twitter.com/7OIPCJcXYI — Insider Paper (@TheInsiderPaper) January 15, 2024 Lots of Confusion from Ukrainian Sources regarding possibly Two Incidents which have occurred tonight over the Sea of Avov, with Initial Reports stating that Ukrainian Air Defenses had Downed a A-50U Airborne Early Warning and Control …

READ MORE

Ukraine defies Pentagon: downs Russian aircraft inside Russia with Patriot Missile System

“The Ukrainian military used a Western-supplied Patriot long-range missile system to take down five military aircraft over Russia’s border Bryansk Region in May, Air Forces spokesman Igor Ignat told journalists on Monday. Kiev had promised not to use donated weapons outside of territories that were part of Ukraine before 2014. The official praised Ukrainian troops …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.