They know pic.twitter.com/y8yh6PPLRb
— Life curious 🤔 (@ThelifeCurious) December 2, 2023
Pending home sales in the US have moved down to their lowest level since April 2020, a month where much of US economy was shut down. The housing market is frozen. pic.twitter.com/tg5dDVL24H
— Charlie Bilello (@charliebilello) November 30, 2023
Car payments now look like mortgage payments.
17.5% of people are now paying over $1000 a month for their auto loan.
Insanity. pic.twitter.com/mn3ONiAFpR
— QE Infinity (@StealthQE4) December 2, 2023
This is incredible:
The effective outstanding mortgage rate is currently 3.7%, less than half of the current mortgage rate.
A massive 22% of borrowers have mortgage rates below 3% right now.
Just 9% of borrowers have a mortgage rate that is above 6%.
This is why housing… pic.twitter.com/quhSDrQyTV
— The Kobeissi Letter (@KobeissiLetter) December 2, 2023