Biden’s Mortgage Market! Mortgage Demand Down -35% Under Biden, Refi Demand Down -90%, Mortgage Rates Up 128% (Renter’s Misery Index Now 11.75% Versus 6.78 Pre-Covid Under Trump) June 22, 2023 7:42 amJune 21, 2023 2:20 pm
Student loan payments resume in October, burdening 40 million Americans with an average monthly payment of $350, a $14 billion monthly burden on American consumers on top of inflation, rising rates, and layoffs.. June 22, 2023 7:42 amJune 21, 2023 10:06 am
UK “homeowners” getting squeezed by inflation & rising interest rates. How are you preparing for this recession? June 17, 2023 9:33 pm
Fed Officials Say Rates May Need to Go Higher to Tame Inflation (Fats Waller And Elen Barkin Want To Raise Rates) June 16, 2023 4:29 pm
They are raising interest rates so we hoard cash, meanwhile they inflate the monetary supply to buy assets. We’re going to be left holding the bag. June 16, 2023 8:16 am
US Mortgage Rates UP 144% Under Biden’s Reign Of Error (Fed Likely To Pause Today But Raise Rates At July Meeting) June 14, 2023 10:20 pm
Tax rates increase significantly between $100,000 and $250,000 in US cities. A $250,000 salary has only $83,000 purchasing power in New York and San Francisco. June 8, 2023 4:09 pm
Truckers Warn About Disastrous Freight Market Collapse As Rates Face Massive Drop June 7, 2023 7:05 pm
Bank of Canada unexpectedly raises interest rates… The FED will keep pushing as well… The recent rally was not organic, but rather the result of manipulation. June 7, 2023 2:46 pm
Banks are cutting losses on real estate loans due to higher interest rates, leading to a potential financial crisis. Vacancy rates on office space across the U.S has hit a record +16%. June 6, 2023 9:38 am
The S&P futures market is net-short approaching the levels of late 2007. Rising rates are linked to recessions, both soft and hard. June 5, 2023 6:53 pm
Biden Country! 30Y Mortgage Rates UP 143% Under Biden, Long And Short Treasury Curves Remain Inverted (Fed Is Only About Half Way To Raising Rates And Will Stop) June 5, 2023 2:01 pm
The US debt must be refinanced at 5% interest rates in less than two years, up from 0% just 15 months ago. Treasury Department auctions $15 billion worth of one-day cash management bills. June 2, 2023 7:56 pmJune 2, 2023 1:08 pm
Despite Getting Whacked by Bank Turmoil, Layoff News, Credit Crunch, High Interest Rates, and Inflation, our Drunken Sailors Spent Even More, Even Adjusted for Inflation June 1, 2023 7:41 pm
Land Of Confusion! US Mortgage Demand Drops 3.7% From Previous Week, Under Biden: Mortgage Purchase Demand Down -44%, Refi Demand Down -87%, Mortgage Rates UP 106% June 1, 2023 4:21 pmJune 1, 2023 3:43 pm
Middle Class Families Can’t Afford Homes Anymore As Mortgage Rates Hit Record Levels June 1, 2023 4:21 pmJune 1, 2023 1:17 pm