A hub for independent voices and signals
by confoundedinterest17 Put it where you want it. Trump that is! The US Treasury yield curve (10Y-2Y CMT) went negative on April 1, 2024. And remains positive. The US Treasury 10Y-2Y CMT (constant maturity Treasury) peaked locally on March 29, 2024 …
by confoundedinterest17 I’ll feel a whole lot better … when Kamala Harris is gone. Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 18, …
Losing a job while having a mortgage and no savings can be a terrifying experience. If you act carefully, you can make it through the other side without losing your house. However, if you don’t take the right steps quickly, …
Home values are now dropping across states like Georgia, Tennessee and South Carolina. As inventory levels spike and the housing downturn in Florida spreads to other states. Homebuyer demand in 2024 continues to falter, as mortgage brokers are reported a …
by confoundedinterest17 I would like to see Kamala Harris explain why mortgage purchase applications are down -60% under Biden/Harris Presidency. Other than a word salad answer. Or Cottage Cheese. Mortgage applications decreased 17.0 percent from one week earlier, according to data …
by confoundedinterest17 Thunderstruck! Interest rates should be thunderstruck when realization dawns that the recend BLS jobs reporr was grossly mismeasured. National unemployment was 8.7% in this month’s Rasmussen Reports Real Unemployment and significantly more than double the 4.1% rate officially reported by the Bureau of Labor …
Fed flip flopping policy comes with consequence. https://t.co/0LzCCvKTbR — The Great Martis (@great_martis) October 8, 2024 Dow Jones Update✍️ Momentum falling off a cliff.Relative strength lower highs. The churn up against resistance is a Warning signal.⚠️ pic.twitter.com/97dKcEBD3B — The Great …
https://twitter.com/RJRCapital/status/1836734007062470665 US 30 Yr minus the 3-month pic.twitter.com/f1UqwiYV2Z — Michael J. Kramer (@MichaelMOTTCM) September 19, 2024 https://twitter.com/RJRCapital/status/1836735432463102043 hedge funds starting to hedge with short bonds ETFs Macro furus long bonds in shambles — Alessio (@AlessioTMAD) September 19, 2024 Cuts ✂️ …
“As soon as mortgage rates drop demand is gonna SURGE.” I think it’s time to face facts kiddos, most of the “pent up demand” was just investors who have moved on to greener pastures. Buyers aren’t waiting for lower rates, …
Redfin CEO’s shocking mortgage rate comment. Related: Airbnb down 25% in a month; CEO Chesky deletes “buy” post That's illegal of course. Real estate hasn't had their correction yet in many areas. — floridanow1 (@floridanow1) August 8, 2024 Chink …
by confoundedinterest17 The slowing US economy has a silver lining: Treasury and mortgage rates are declining. And the is spurring faster mortgage prepayments. Mortgage applications increased 6.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s …
by confoundedinterest17 Mortgage applications decreased 3.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 26, 2024. The Market Composite Index, a measure of mortgage loan application …
by confoundedinterest17 What’s it going to be? Mortgage rate increases or balance sheet (MBS) reductions? Since the Covid outbreak in early 2020, The Fed went wild with rate cuts and massive and unpredented balance sheet expansion. Let’s look at The Fed’s …
by confoundedinterest17 Cacklenomics strikes again! The University of Michigan consumer survey revealed that buying conditions for housing just hit an all-time low. High house prices and high mortgage rates aren’t helping. Purchase loan demand keeps dropping.
Deutsche Bank: Deutsche Bank has indeed reported significant losses from its commercial real estate exposure. The bank posted a net loss of €143 million for Q2 2024, largely due to provisions for credit losses and a substantial litigation charge. Blackstone Mortgage …
by confoundedinterest17 Hot ‘Lanta! Or perhaps COLD ‘Lanta! And despite what Biden says, thiere isn’t an economic revival. Yes. everyone can see the mental decline in President Biden and he should be in a nursing home. While he vows to run for …
by confoundedinterest17 MMT is mostly magic! The Federal Reserve relies on “The Power of Magic” to fool people. For example, the massive increase in money printing following Covid and Biden’s disastrous economic policies (or FOLLICIES). Modern monetary theory (MMT) is not convincing to most trained …
Reverse mortgages offer a unique financial solution for seniors, allowing them to tap into their home equity without needing to sell their property. But what exactly are they, and how do they work? This guide will walk you through 12 …
Thousands of homeowners are facing the challenge of higher monthly mortgage payments. Specifically, those who took out adjustable-rate mortgages (ARMs) five years ago are now experiencing the unpleasant shock of significantly increased home payments. Unlike fixed-rate mortgages, ARMs offer a …
by confoundedinterest17 Housing in the US is simply unaffordable. Particularly since home prices and mortgage rates have soared under Biden. .Owning a house is less affordable for average earners in the US than at anytime in 17 years. The costs of …
by confoundedinterest17 In politics, it is usually discussed whether you are better off today than 4 years ago. Well, not if you are a renter or need to buy a home with mortgage financing. If you are a homeowner, you …
No incentive to buy homes with mortgage right now byu/koupnugged inREBubble It’s always funny to hear the housing bros talk about how renting costs will always rise so you need to buy a house. Meanwhile here in reality pic.twitter.com/n5jzgE6WQJ — …
Canadian banks are indeed bracing for a “mortgage renewal cliff.” As mortgage renewals approach for over three-quarters of homeowners, Canada’s Big Six banks are adding billions of dollars to their emergency funds. The spike in mortgage payments that many homeowners …
The over-7% mortgage rates seem to have become a fixture in the housing market. The average conforming 30-year fixed mortgage rate edged up to 7.07% in the latest week, and has now been above 7% since early April, according to …
by confoundedinterest17 Housing in the US is simply unaffordable. Home prices in Biden’s America are up 34.5% even though mortgage rates are up 157%. Home prices in America’s 20 largest cities rose for the 13th straight month in March (according to the latest …
by confoundedinterest17 Money, money! The various talking heads from The Federal Reserve keep jawboning about whether to raise rates or not. One of the major drivers of inflation is … money. M2 Money growth YoY is growing again (blue line)! …
2008 all over again. I wonder if those will be “forgiven” then sold to debt collectors, and then years later used to confiscate the house for pennies on the dollar like they’ve been doing since Covid. Prospective home buyers should …
And what happens when home values go down? No way to refinance and no way to sell without coming up with tons of cash out of pocket. In the last crash, it took over ten years for home values to …
Housing costs may have gotten out of control, but there’s another expense that now poses an even greater burden to many American families: child care. Jessica Norwood, a working mother of two in North Carolina and host of the financial-literacy …
If you were holding out for lower interest rates on credits cards or mortgages, expect to only see modest relief for the remainder of the year and much of 2025. That’s because the Federal Reserve is keeping its benchmark interest …