Financing Bidenomics! The Good, The Bad And The Ugly (Rising Bond Total Returns, Rising Refinancing Costs, Falling Mortgage Purchase Demand) December 16, 2023 10:28 pm
Biden’s Mortgage Market! Purchase Demand Falls 1% Last Week And Down -18% Since Last Year (Mortgage Rates UP 165% Under Biden) Here Comes Biden Claus! /sarc December 13, 2023 10:01 pm
Fed Faces Perilous Sell-Off: $8 Trillion Asset Unloading Threatens Treasury Crash and Mortgage Rate Surge December 12, 2023 12:42 pmDecember 12, 2023 9:15 am
Running On Empty? US Bank Deposit Outflows Continue To Shrink As Regional ‘Stress’ Accelerates (Mortgage Rates UP 151% Under Biden) December 10, 2023 11:15 am
Tumbling Dice! US Yield Curve Inversion Steepens, Mortgage Rates UP 163% Since 2021, Retailers Offer Deep Black Friday Discounts As US Manufacturing PMI Contracts November 26, 2023 11:15 am
Fed Faces Staggering Losses: Trillions in Treasury and Mortgage Bonds Bought Over the Decade Now Valued at $6.4 Trillion, Sparking Concerns of Further Bank Bailouts November 20, 2023 10:22 pm
Shelter Inflation Over 3x Fed Target Rate At 6.7%, Transport Services UP 9.2%, Mortgage Rate UP 172% November 15, 2023 8:10 am
Interest On US Debt Skyrockets Above $1 Trillion For The First Time Ever (Annual Interest Payments On 30-year Mortgage In 2020 Was $8,500, But Has Almost Tripled To $24,300!) November 10, 2023 1:16 pm
Biden’s Mortgage Market! Mortgage Demand (Applications) Increase By 2.5% From Previous Week As Mortgage Purchase Demand Down -20% From Last Year (Refi Demand Down -7% From Last Year While Mortgage Rate Is UP 169% Under Biden) November 8, 2023 7:11 pm
The US housing market is at its most unaffordable level in 39 years. Monthly mortgage payments now consume nearly half of the median household income. Do you think the housing market is headed for a crash? November 8, 2023 9:39 amNovember 8, 2023 7:37 am
Back In Time! MBA Mortgage Purchase Demand (Applications) Decline To Lowest Level Since 1995 (Down -22% Since Last Year) November 1, 2023 10:10 am
Over 60% of Canadian mortgages will be renewed within the next three years, with monthly mortgage payments set to increase by 50%. October 30, 2023 6:49 pm
Shapes Of Things Under Bidenomics! Russell 2000 Hit Lowest Level Since Nov 2020 As Bidenomics Bites Hard (Mortgage Rates UP 181% Under Biden, Home Prices UP 32.3%) October 30, 2023 4:06 pm
US Pending Home Sales Fell 7.1% In August, Near Record Low (Down 11% YoY Under Bidenomics As Mortgage Rates Highest Since 2000) October 26, 2023 11:03 pmOctober 26, 2023 9:51 pm
Bidenomics! New Home Sales Exploded In September, As Homebuilders Eat Soaring Mortgage Costs (Highest Mortgage Rate Since 2000 And Still Plenty Of Fiscal Stimulus Distorting The Market) October 25, 2023 10:32 pm
Mortgage Purchase Demand (Applications) Fell 2% Since Last Week And 22% Since Last Year As Mortgage Rates Hit Highest Level Since 2000 (Almost 8%) October 25, 2023 10:45 am
If people can’t afford to make their car payment, how will they cover their rent or mortgage payments? October 23, 2023 9:29 am
Can The Fed Fix Biden/Congress Spending Addiction? Volcker, Greenspan, Yellen, Powell All Pushed Rates Lower … Until Biden (Fed Still Ignoring Taylor Rule) Mortgage Rates Continue To Climb October 22, 2023 7:54 pm
Fire! Biden And Fed Lit A Fire The Is Burning Out Of Control, US Treasury 10Y Yield Climbs Past 5%, Real 10Y Yield At 2.46%, Mortgage Rates At 7.63% (Highest Since 2000) October 20, 2023 3:52 pm
What does an 8% mortgage rate mean for YOU? Higher rates will cost the average American homeowner an extra HALF A MILLION dollars in the course of a 30-year loan (You’ll own nothing) October 20, 2023 8:51 am
Simply Unaffordable! Homebuyers Must Earn $115,000 to Afford the Typical U.S. Home, UP 30% Under Biden (About $40,000 More Than the Typical American Household Earns) Mortgage Market Is Addicted To Gov! October 18, 2023 10:10 pm
The average 30-year fixed mortgage rate hits 8.00% for the first time since 2000… The Nasdaq 100 Index could be the next shoe to drop. October 18, 2023 8:06 pm
Mortgage rates close to 8%; 64% of Americans would welcome a recession if it meant lower mortgage rates — Would you? October 17, 2023 9:24 pm
Too Much Debt! Interest Payments Rising FAST On US $33.6 TRILLION Debt Load, Bank Losses Mounting As Rates Rise, Mortgage Rate UP 173% Under Biden (At Least Rent Growth Has Turned Negative) October 17, 2023 3:00 pm
This won’t end well: US mortgage affordability is at an all-time low, with homes now 44% more expensive than before the pandemic October 17, 2023 9:58 am
Losses in Treasury bonds will far worse than mortgage losses in 2008. Banks in shambles. October 16, 2023 2:38 pmOctober 16, 2023 12:03 pm
Mortgage demand drops to the lowest levels since 1996 as interest rates hit 8%. Mortgage applications for home purchases are down 22% compared to a year ago. October 12, 2023 9:05 pm
Hedge Funds Bet Against U.S. Bonds, Banking Concerns Emerge, Mortgage Costs Soar and Junk Bonds In Trouble October 11, 2023 3:55 pm
Angela Rayner: “Let’s make taxpayers insure taxpayers mortgages. If taxpayers don’t pay the mortgage, then taxpayers pay it” October 9, 2023 8:03 am
Bidenomics At Work! Mortgage Rates Hit Almost 8% (Highest Since July 2000 Under Bill Clinton), Deficits This High Usually Occur During Recessions And HIGH Unemployment October 9, 2023 7:21 am