A hub for independent voices and hard truths
My take is that 30yr mortgage is in a pause before heading higher. — Alistair (@kiwiangloameric) December 21, 2024 BREAKING: 30 year average US mortgage rates are above 7% again, per Mortgage News Daily. — unusual_whales (@unusual_whales) December 21, 2024 …
1. The thought is the Fed could make homes more affordable by cutting interest rates So far, mortgage rates are doing opposite, and rising instead Why? Because mortgage rates move with the yield on the 10-year Treasury, which has surged …
What have we learned from the market this Fall? There are 2 paths forward for Real Estate and both are painful: 1. Higher rates, stagnant market, layoffs, prices grind flat or down 2. Lower rates that come when the economy …
A theory for why CRE closed-end fundraising has fallen off a cliff: Cap rates and stabilized yields in real estate just aren't attractive compared to other asset classes. In many cases, quasi-government lending entities (Fannie and Freddie) in the multifamily …
Yields pre-warning that history is about to repeat. 1972 national debts 400million2024 national debt 35 trillion. How does a 10 to 15% mortgage rate look like today? pic.twitter.com/9Ki8eewmJb — The Great Martis (@great_martis) December 15, 2024 If gold repeats 1970s …
In 2021 there were three spikes in Nasdaq Hindenburg Omens. The first two were followed by corrections -10%. The third one in November 2021 was followed by bear market. We see the same pattern in 2024. Two corrections (April, July) …
We've never seen the S&P 500 at all time highs with breadth this negative. Let's do this. pic.twitter.com/3GuAVcn1l7 — Mac10 (@SuburbanDrone) December 13, 2024 Linkhttps://t.co/A9JxrqvurY pic.twitter.com/8qaDVxDPM3 — QE Infinity (@StealthQE4) December 13, 2024 ⚠️CENTRAL BANKS ARE CUTTING RATES AS IF …
#recession … #StockMarket Bubble edition https://t.co/p7cgcLzyrT pic.twitter.com/So5TXB58ic — Invariant Perspective (@InvariantPersp1) December 11, 2024 Big cap Tech performance last 8 trading days $GOOGL 14%$AAPL 5.5% $MSFT 6% $META 10% $TSLA 18% $NFLX 6% — TT3 (@TradingThomas3) December 11, 2024 Bitcoin …
The unemployment level is now higher than where it was when the Fed cut rates (September). pic.twitter.com/epNpEKuaSt — Don Johnson (@DonMiami3) December 9, 2024
Cut the rates they said, banks will lower credit card APRs they said pic.twitter.com/bZlIeLwr0i — zerohedge (@zerohedge) December 6, 2024 chart goes to Q3. In fact that's when it spiked… just after the "rate cut" https://t.co/jyVxbrcK8T — zerohedge (@zerohedge) December …
1. Stocks: all-time highs2. Home Prices: all-time highs3. Bitcoin: all-time highs4. National Debt: all-time highs5. Core CPI Inflation: >3% for 42 straight months, longest run of high inflation since early 1990s6. Fed: cutting rates again in 2 weekshttps://t.co/rQuXrxVpWs — Charlie …
Yeah, I go to open houses every weekend, because I would like to buy a house but by the end of the day I’m just depressed. Rates double from a few years ago, sky high prices, and most houses need …
Yes it’s literally this bad out there for housing. Next up, price drops. No one can afford to buy at these prices with mortgage rates this high. There’s no demand because there’s no affordability. If prices dropped, inventory would eventually …
Told you… so many times… 😓 But no worries, #BOJ cannot afford to turn off the $JPY printer as you can see from the next line… https://t.co/onTdK9C5S9 pic.twitter.com/C96vRVxxsI — JustDario 🏊♂️ (@DarioCpx) November 18, 2024 Someone should really tell the …
Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances rose by $24 billion in the third quarter of …
In an unexpected turn, Bernie Sanders has announced his willingness to collaborate with President Trump to cap credit card interest rates at 10%. This bipartisan agreement has drawn significant attention, as it addresses the rising concern over the financial burden …
🇺🇸MORTGAGE RATES KEEP CLIMBING AS MARKET BRACES FOR TRUMP-ERA IMPACTS The average 30-year fixed rate rose to 6.86%, as the market processed economic shifts expected under Trump’s presidency. While overall mortgage applications barely budged, edging up 0.5%, refinancing requests… pic.twitter.com/gVINTAlqhS …
The Visa/MC credit card monopoly has put Americans into excessive debt with usurious interest rates at 25%+ JD Vance co-sponsored the Credit Card Competition act which fights the 2-4% hidden tax you pay every time you swipe Common sense is …
Commodities are not feeling very inflationary right now. https://t.co/cS1Yveed7h pic.twitter.com/LbdPayQmSx — Financelot (@FinanceLancelot) November 11, 2024 I'm keeping a close eye on 5 year and 10 year breakeven inflation. We saw a similar breakout in 2008 when inflation expectations were …
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 …
https://www.cnbc.com/2024/11/07/fed-rate-decision-november-2024.html The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to right-size monetary policy. In a follow-up to September’s big half percentage point reduction, the Federal …
U.S. banks are taking defensive measures to secure their financial stability. The collapse of three regional banks and a series of rate hikes by the Federal Reserve have added to the uncertainty. As a result, more lenders have tightened their …
Repo fails make sense being an indicator of collateral difficulties. Same for the 4-week US Treasury bill rate when it falls substantially. But how does Japanese government bill yields fit into the US$ repo picture? And why are they such …
The Canadian economy faces a looming crisis, heavily influenced by staggering household debt levels. As of 2024, Canadian household debt stands at a staggering 174.6% of gross income, significantly higher than the 75% of GDP in the U.S. This means …
Mortgage rates have spiked back up to 7% in 2024, with investors now beginning to sell properties because they can no longer make money on them. The skyrocketing interest rates is now causing even more forced selling in housing markets …
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 …
US: Bank prime loans & NFIB short-term loan rates Soon to fall? 🤔 pic.twitter.com/SLE8afYmoM — Win Smart, CFA (@WinfieldSmart) October 9, 2024 “The most recent surveys by the NFIB show that business conditions are deteriorating quickly for smaller companies that …
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 …
With savings rates at near-record lows, you have the perfect storm. ⛈️ https://t.co/3h3h5vXzaP pic.twitter.com/ng2y457iqa — The Great Martis (@great_martis) October 8, 2024 They’ve maxed out their balances. There’s no more pretend money to spend. Credit Card Spending Tanked in August; …
