Fannie Mae predicts housing slump until 2026; 30% price drop needed, 6.6% mortgage rates forecast for 2024. March 20, 2024 2:15 pm
House Lattitudes! Mortgage Purchase Demand Remains Down 11% From Same Week Last Year (At Least Mortgage Rates Are Retreating) March 13, 2024 9:49 pm
Mortgage delinquency rates in Ontario (136%) and B.C. (62%) soar as higher payments bite March 6, 2024 10:04 am
The commercial mortgage time bomb hits $929 billion with rising distress and record vacancies. February 24, 2024 8:10 pm
Biden’s Wreck Of The US Economy! Mortgage Demand Fell To New 30-year Low In January, Down 54% From Pandemic Peak (Mortgage Demand Down 14% Over Last Year And 40% From Pre-Pandemic Levels) February 1, 2024 8:52 pm
Captain Obvious Award Goes To … Treasury Secretary Yellen Who Admits “High Prices Here To Stay” (Food CPI UP 21%, Gasoline Prices UP 38% Under “Inflation Joe”, Home Prices UP 33.2%, Mortgage Rates UP 154%) January 30, 2024 10:11 pm
Simply Unaffordable! 31% Of Gen Zers Living With Parents (Home Prices UP 32.5% Under Biden, Mortgage Rates UP 140.5% Under Bidenomics, Rent CPI UP 19.2%) January 16, 2024 10:12 am
US Mortgage Rates Rise Slightly (+8% YoY) As M2 Money Growth Dies (-3% YoY) In Plain Sight (M2 Money Growth Has Been Negative For All Of 2023) January 12, 2024 10:38 pm
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
