A hub for independent voices and signals
by confoundedinterest17 The US housing market is a changeling, going from a mega glut during the financial crisis to a tight market, then back to a glut … again. In fact, there are 511,000 new homes for sales in the …
President Trump says the DOJ “has Adam Schiff 100% on mortgage fraud.” “It’s mortgage loan fraud — a BIG deal! He defrauded banks, insurance companies, and the federal government.” pic.twitter.com/WSrAAJ8PQi — JOSH DUNLAP (@JDunlap1974) August 9, 2025
When your home is worth less than your mortgage, buyers aren’t bailing you out. Lance Lamberts July’s housing market update; nationwide home values continue to drop. More homes than ever And this is where we are Only go full pic.twitter.com/klCKCUjFGe …
Bitcoin-backed loans are surging. Not as a hedge. As a new form of leverage. Same greed. New wrapper. “Twenty One Capital, backed by Cantor Fitzgerald and Tether, may begin issuing US dollar loans using Bitcoin as collateral… the company recently …
Mortgage rates are falling. Home price growth is slowing. But the market is not recovering. It is unraveling. “The median U.S. asking price rose just 2.3% year over year… one of the smallest increases in two years.” https://www.redfin.com/news/housing-market-update-mortgage-rates-fall-price-growth-slow/ “Zillow anticipates …
Delinquency rates across consumer debt classes are now brushing up against levels seen during the Global Financial Crisis. The New York Fed reports that 4.4% of all outstanding household debt is delinquent. “Loan delinquency rates remained ‘elevated,’ according to the …
Homeownership is slipping through the floorboards. First-time buyers now account for just 21.8 percent of total home purchases, the lowest share ever recorded. That’s down from 34 percent in 2019 and signals a deeper affordability breakdown. Existing home sales are …
Mean reversion on that going to be rough! Pulte owns 38 million shares of $PHM or around 19% of the company stock. Imagine how much he borrowed from the bank using his stock as collateral. This is why Pulte is …
The fundamental problem in the housing market today. American households need to earn $112,000 in order to afford a house. However, the Median Household income is only $84,000. Meaning that a huge portion of the U.S. population is unable to …
The Federal Housing Finance Agency just cleared a major shift in mortgage qualification rules. Rent payments can now be counted toward mortgage applications, a change aimed at broadening access for renters hoping to buy homes. This move coincides with the …
by confoundedinterest17 New home sales are going down. New home sales plunged in May, the biggest MoM drop since June 2022. The median sales price increased 3% from a year ago to $426,600 last month, marking the first year-over-year price gain …
by confoundedinterest17 Mortgage applications decreased 3.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 30, 2025. This week’s results included an adjustment for the Memorial Day …
Canadian 🇨🇦 cities by income needed to buy a home (March 2025): 1. Vancouver: $223,9002. Toronto: $211,3003. Victoria: $176,3004. Hamilton: $147,3005. Ottawa: $134,9006. Calgary: $118,6007. Montreal: $108,9008. Halifax: $94,6009. Edmonton: $93,70010. Winnipeg: $74,600 — Made In Canada (@MadelnCanada) May 27, …
The housing market is showing clear signs of financial strain, particularly among first-time buyers who are facing mounting difficulties keeping up with mortgage and debt payments. The numbers point to deeper issues in affordability and financial sustainability, raising concerns about …
Yes, Saylor has no shame. He is advising people to mortgage their homes to gamble on Bitcoin, an "asset" they he has already leveraged up to buy. He's advice amounts to desperation. The Bitcoin blockchain letter is running out of …
Time to re-watch “The Big Short” for a preview of coming attractions. Nonbank mortgage lenders and loan brokers react quickly to demand, which has collapsed. https://wolfstreet.com/2025/05/12/housing-bubble-bust-1-and-2-as-seen-through-employment-at-mortgage-lenders-they-shed-jobs-again-38-gone/ The lemmings who think real estate only goes up (thanks to 16 years of …
Lower mortgage rates just don’t seem to be in the cards for this summer Sorry, Housing Market! pic.twitter.com/CCbABMbirx — Amy Nixon (@texasrunnerDFW) May 12, 2025 https://twitter.com/Jedi_ant/status/1921663824295350763 pic.twitter.com/UCl19LyfeK — Darth Powell (@VladTheInflator) May 12, 2025
by confoundedinterest17 Fed Chair Jerome Powell is apparently waiting for the tariff “war” to settle down before he pushes for interest rate cuts. Meanwhile, rising mortgage rates are hurting consumers and the mortgage industry. Mortgage applications decreased 12.7 percent from …
by confoundedinterest17 The good news? The US Treasury 10Y-2Y yield curve is normalizing to January 2022 levels. One the mortgage side, adjustable rate mortgage (ARM) share is the highest since the financial crisis (2008). As Trump continues to stand up …
2/ From 1940s to 1970s, Americans used to save around 10% of their annual income But today, savings relative to income is almost near 0% pic.twitter.com/aEsoNYSKiZ — Bravos Research (@bravosresearch) April 18, 2025 4/ Today, the personal savings rate has …
This chart shows the median U.S. homebuyer housing payment on a median-priced home from January 2020 to April 2025, according to Redfin data. It starts at $1,484 in early 2020. It dips slightly to $1,688 by late 2020. Then it …
How many of the 550bn$ of MBS holding “guaranteed” mortgages by Fannie and Freddie in $BAC books were structured on fraudulent mortgages and are about to be nuked? 👀 https://t.co/iTXUp3D0Cx pic.twitter.com/w4FIpug6fH — JustDario 🏊♂️ (@DarioCpx) April 17, 2025 Builders can’t …
30-year mortgage rates just hit 7.50%, the highest since January. Buying or refinancing a home just got even harder. pic.twitter.com/2lCnjDCwmA — Michael Burry Stock Tracker ♟ (@burrytracker) April 15, 2025
42% of mortgage refinance applications are being rejected, the highest rate in AT LEAST the last 12 years 🚨 pic.twitter.com/iWWzTkUrUz — Barchart (@Barchart) April 15, 2025
https://twitter.com/FinanceLancelot/status/1910788259770147302 https://twitter.com/akm515/status/1910812182364795356 https://twitter.com/onechancefreedm/status/1910793081261089209 It has undoubtedly been an extremely volatile week for financial markets and that includes the U.S. bond market to be sure. As an example, the poster child for the U.S. bond market, the 10yr Treasury, saw its …
Destiny USA, New York’s largest mall and one of the biggest in the U.S., has defaulted on a $300 million mortgage, according to Syracuse.com. Its owner, Carousel Center Co., failed to secure an extension when the loan matured on June …
by confoundedinterest17 The mortgage market got its mind set on a recovery, but Biden’s mindless economic policies have jammed up the mortgage market. Example? Mortgage applications are down in a season where they typically increase. Mortgage applications decreased 1.6 percent from …
If your mortgage payment is over $3,000 a month, odds are you can’t actually afford the house. Yeah, you can fake it for a few years: stretch the budget, shift some expenses, maybe dip into savings when things get tight. …
