From the MBA: Mortgage Applications Decrease in Latest MBA Weekly SurveyMortgage applications decreased 14.2 percent from one week earlier, according to data from the Mortgage Bankers...
"Yes, The Market Is Categorically Unfun And Ugly" - What JPMorgan's Traders Think Happens Next Today is the last day of Q3 2022, and so far...
What’s the latest thinking in fiscal and monetary policy? The Hutchins Roundup keeps you informed of the latest research, charts, and speeches. Want...
Investor confidence in the UK is at a low, and the bond market has reacted dramatically.
Searches For "Real Estate Market Crash" Highest In Internet History Another milestone for the extremely confused elderly citizen in the White...
Sky-high mortgage costs are driving down competition among home shoppers, and a market firmly in favor of buyers is expected next year, according to a...
- by New Deal democratThere’s a lot going on with interest rates in the past few days.Mortgage rates have increased above 7%:This is the highest...
New home sales are back to 1996 levels already. So, when we have a month where demand picks up, it can move the needle in a...
The rapper born as Dwayne Michael Carter Jr. bought the home for $16.75 million in 2018.
Last week was particularly tough for investors as all 11 sectors experienced losses of some extent. The S&P fell 4.6% after the Fed telegraphed that...
Renting hasn’t offered much of a respite from elevated home prices and soaring mortgage rates during the pandemic.
Yes, there's a lot of economic concerns, but this is a buying opportunity (and things aren't nearly as bad as they seem).
The Fed Is Wrong Again: Core Inflation Rapidly Rolling Over And Will Drop To 3% By Q1 The Fed was dead wrong for the past decade...
Housing affordability in the U.S. is the worst it's been in decades after mortgage rates shot up following two years of low-rate-plus-pandemic-fueled price...
- by New Deal democratExisting home sale by themselves are not that important economically, since there is a mere transfer in ownership, rather than...
With the mortgage market at a standstill, LOs are doing anything they can to drum up business. Some are getting licenses in nearby states, leaning into...
At the peak of 2005, we had about 2.24 million housing completions in the monthly report. Today, we are at 1.342 million. The post Housing completion...
The primary driver of current housing demand is first-time homebuyers. So, what does this housing market environment look like for them? The post What...
Whether trading penny stocks or higher priced stocks, here’s what to consider in the stock market this week September 19,2022 to September 23, 2022. The...
When will lumber prices go down? As prices drop, builders, mills, investors and more look to buy at a low. The post When Will Lumber Prices...
- by New Deal democratFollowing up on yesterday’s post, let’s cut to the chase:Total CPI +0.1%Energy -5.0%Used vehicles -0.1%New vehicles +0.8%Owners’...
We examine five housing markets, including Austin, Texas, and Sioux Falls, South Dakota, to see the trends across the nation. The post Local Markets:...
Futures Jump As Dollar Slide Accelerates It appears that Goldman's trading desk was right again. Just days after the vampire squid's sellside...
Mortgage rates and home prices are high. You should still buy a house right now.
Mortgage rates and home prices are high. You should still buy a house right now.
Sub-Million-Dollar Manhattan Condo Sales Slump Below Pre-COVID Trend As Affordability Crisis Rages New Yorkers searching for a sign of relief...
The share of contract cancellations - pending listings that have gone back on the market without a sale - has recently increased, but remains in line...
Bank of Canada Hikes 75bps As Expected, Warns Rates "Will Need To Rise Further" Given Inflation As expected, and ahead of a potential 75bps...
The next stage is to see total consumption demand be hit so negatively that it sends job openings down and jobless claims higher. The post The...
Average Credit-Card Debt Soars By 13%, Largest Increase Since 1999 Authored by Bryan Jung via The Epoch Times, The average credit card debt...