The mortgage payment to buy a median-priced home is now $2,649 — a new all-time high September 3, 2023 11:01 pm
Bidenomics At Work! US Purchase Mortgage Demand Decreased 0.3% Since Last Week, Down -27% Since Last Year (Mortgage Rate UP 157% Under Biden) August 30, 2023 4:35 pm
Livin’ La Vida Bidenomics! US Conforming Mortgage Rate Up 161% Under Biden, Home Prices UP 26%, Real Median Weekly Earnings DOWN -5% August 28, 2023 3:49 pm
Income to qualify for a mortgage jumps from $47,000 in 2020 to $104,000 in 2023. Home Ownership no longer the American dream for most people August 27, 2023 9:04 pm
Household Essentials Cost Far More Under Bidenomics! Gasoline Prices Up 72%, Rent Of Primary Residence Up 16%, Food At Home Up 20% Under Biden! (30Y Mortgage Rate UP 163% Under “Middle Class Joe”) August 25, 2023 4:21 pm
Monthly mortgage payment for a median existing home is $2,322/month, double the 2008 peak, and does not includes taxes, insurance, and other costs. August 24, 2023 10:06 am
Burning Down The Housing Market! Mortgage Demand Decreased in Weekly Survey Purchase Applications “Lowest Level Since April 1995” August 23, 2023 10:14 am
Bidenomics Mortgage Market! Mortgage Rates Now 7.2%, UP 159% Under Maui Joe! (10Y-2Y Yield Curve Collapsed From +100 BPS To -63 BPS) August 22, 2023 4:23 pm
Current debt levels are dangerously high, with $17.1 trillion in household, $12.0 trillion in mortgage, $1.6 trillion in auto loans, and $1.0 trillion in credit card debt. August 21, 2023 10:35 am
Hellzapoppin Under Bidenomics! Conforming 30-year Mortgage Rate UP 163.5% (Federal Debt UP 19% Or >$5 Trillion Under Biden While Unfunded Liabilities Are Now At $193 TRILLION) August 20, 2023 8:54 pm
Bidenomics? US Housing Starts UP 6% YoY, But Building Permits Stagnate In July As Mortgage Rates Topped 7% (MBA Purchase Demand Down -26% YoY, Down -2% WoW) August 16, 2023 3:21 pm
Biden’s Mortgage Market! Mortgage Demand Falls -3.1% Since Last Week, Purchase Demand Falls -3% And Down -27% Since Last Year August 9, 2023 9:34 am
Bidenomics! Mortgage Demand Decreases 3.0% From One Week Earlier, But Purchase Demand Down 26% From Last Year, Down -45% Under Biden While Mortgage Rates Are UP 134% (US Interest Expenses Surged By 50% In Past Year To Nearly $1 Trillion On Annualized Basis) August 2, 2023 9:36 am
New Cruise Experience Could Be More Affordable Than the Rent or Mortgage You’re Paying on Land July 31, 2023 3:24 pm
Bidenomics? C&I Lending Growth Crashes Along With Bank Credit Growth (WTI Crude Oil UP 1% This Morning) 30-year Mortgage Rates At 7.27% July 31, 2023 10:24 am
KJP “Hurts So Good” Presser: Prices UP 16.6% And Real Wages Down -3% Since Biden Took Office (Food UP 56%, Gasoline UP 52%, Mortgage Rates UP 153%) Hurt So Good??? July 26, 2023 9:15 am
Biden’s Mortgage Market! Mortgage Demand Falls 1.8 Since Last Week, Purchase Mortgage Demand Down -49% Since April 2021, Refi Mortgage Demand Down -87% As Mortgage Rates Up 115% (Hurts So Bad?) July 26, 2023 8:58 am
Case-Shiller National Home Price Index Slows To -0.46% YoY As Fed Withdraws Covid Stimulus SLOWLY (Mortgage Rates UP 151% Under Bidenomics, Taylor Rule Suggests Fed Rate Of 10.42%) July 25, 2023 5:06 pm
Borrowers, good luck finding renters willing to cover your mortgage as Housing Bubble 2.0 starts to implode July 23, 2023 9:31 pmJuly 23, 2023 8:27 am
Financial Climate Change! Billionaire Sternlicht Warns CRE Storm Now “Category 5 Hurricane” (Starwood Defaults On $212.4 Million Commercial Mortgage Loan In Atlanta) July 23, 2023 7:04 amJuly 21, 2023 3:58 pm
Home price-to-income ratio surpasses 2008 housing bubble. US median home price rises 38% since 2020, mortgage rates is up from 2.7% to 7.1%. They will kill houses? July 19, 2023 3:41 pm
UK lenders have experienced the highest surge in mortgage defaults in over a decade July 13, 2023 9:48 amJuly 13, 2023 8:17 am
