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
The average 30-year fixed-rate mortgage reached 7.8% this week – the highest level since 2000. October 7, 2023 8:28 pm
Mortgage Rates continue to skyrocket! At this rate homes will drop by 32% or more! October 2, 2023 3:11 pm
Freddie Mac’s 30Y Rate Rises To 7.31%, Highest Since Dec 2000, 10-year Treasury Yield Up To 4.67% (Mortgage Rate Up 69% Under Biden) September 28, 2023 5:31 pm
Slippin’ Into Darkness Under Bidenomics! US Pending Home Sales Nosedive -18.80% Since Last Year As Mortgage Rates Hit 20 Year Highs September 28, 2023 1:26 pm
Biden’s Mortgage Market! Purchase Demand Down -27% Since Last Year As Mortgage Rates Hit Highest Level In 20 Years September 27, 2023 2:42 pm
Bidenomics In Action! US New Home Sales Crashed -8.7% MoM In August As Mortgage Rates Surge September 26, 2023 3:28 pm
Pushin’ Too Hard? Mortgage Rates Jump To 23-Year Highs As Conference Board Leading Economic Indicator Declined To -7.6% YoY September 22, 2023 5:36 pm
Mortgage applications are at a low level not seen since Jan 1997 according to the Mortgage Bankers Association. September 21, 2023 12:55 pm
Mortgage Applications Increased 5.4% Last Week, But Purchase Demand Still Down -26% YoY And Refi Demand Down -29% YoY (Despite Mortgage Rate Rising To 7.31%) September 20, 2023 9:02 pm
Canadian Mortgage Borrowers Extend Repayment Periods as Interest Rates Surge September 19, 2023 2:12 pm
Housing Greed Exposed: Rising Leverage, Falling Investments, and Escalating Mortgage Costs Squeeze Homeownership Dreams September 18, 2023 10:08 pm
Canadian Housing Woes: Rising Mortgage Struggles and Negative Amortization Create Banking Pressures September 18, 2023 10:04 pm
Homebuilder Sentiment Goes Negative For First Time In 7 Months, Thanks To Bidenomics (Mortgage Rates UP 152% Under Biden) September 18, 2023 9:03 pm
Mortgage Applications Decreased For Seventh Time In Eight Weeks, Lowest Level Since 1996 (Purchase Apps Down -11% WoW And -27% YoY) September 14, 2023 11:08 am
Danger Jay Powell! US Median Home Prices Crashed -7.4% In Q2, Worst Decline Since Recessions Of 1970 And 2008 (Higher Mortgage Rates + Tighter Mortgage Credit Box = Heartaches On Heartaches!) September 12, 2023 5:44 pm
US Beginning Credit Super Cycle (Bidenomics = Inflation, Rising Debt, Rising Delinquencies) Mortgage Rates UP 158% Under Bidenomics September 6, 2023 4:36 pm
Biden’s ShamWow Economy! Real Home Price To Real Median Earnings Not As Bad As 2006’s Housing Bubble (Home Prices UP 32% Under Biden While Mortgage Rates UP 155%) September 4, 2023 10:24 pm