Mortgages for purchases fall to near lowest level in 40 years. Adjust it for population growth and the number has no historical comparison.

Mortgages for purchases fall to near lowest level in 40 years. Adjust it for population growth and the number has no historical comparison. https://t.co/Gwm6VIOY1k

— AnilVohra1962 🇬🇧🇨🇦 (@AnilVohra1962) October 14, 2026

Instead of allowing recessions that cleanse the system and allow it to recover we just hide the losses and pretend everything is awesome.

All this does is prolong the agony.

Rip the bandaid off fast. It’s much less painful.

I learned that when I was 10yo. https://t.co/BqoLRmsUEY

— QE Infinity (@StealthQE4) October 15, 2026

Mortgage applications fall for a sixth straight week as rates hit 7.4%
https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-15-2026/card/mortgage-rates-hold-steady-ending-seven-straight-weeks-of-increases-OVqPiWicAnkYXa0XU6ia

Mortgage applications fell 2.7% in the week ending October 9, marking the sixth consecutive weekly decline. The average 30-year mortgage rate remains at 7.4%, its highest level since November 2023. Buyers are pulling back while borrowing costs remain elevated.

Home sales remain near 30-year lows even as prices hit another record
https://apnews.com/article/30913a7c10184ccbca38552b840aab6c

Existing-home sales rose 1.5% in September, but the annualized pace of 3.99 million remained 2.2% below a year earlier and far below the historical norm of 5.2 million. The median price hit $417,500, a September record. Americans are buying fewer homes than in a typical market while paying record prices.