Consumer Sentiment For Home Buying Falls To Lowest Point In History, Even Lower Than Housing Bubble Burst And Financial Crisis Of 2008 (Housing Too Expensive, Mortgage Rates Soaring, Inflation Roaring)

by confoundedinterest17 The numbers keep getting worse. The University of Michigan Consumer Survey showed a decline in May to 58.4 (100 is baseline). Soaring inflation is a likely culprit. But the truly horrible survey result is the UMich Buying Conditions for Houses, plunging to 45. The reason? Crazy, expensive house prices courtesy of The Federal Reserve … Read more

Bankrate’s 30Y Mortgage Rate Rises Slightly To 5.29% (Housing Rents UP 16.4% YoY, Gasoline UP 92% Under Biden, Food UP 60%)

by confoundedinterest17 US mortgage rates are up slightly this morning. Bankrate’s 30-year mortgage rate survey is up to 5.29%. The Biden Scorecard is still a bleak one (for non-elitists). Regular gasoline is UP 92% under Biden, Diesel fuel is UP 110%, foodstuffs are up 60% under Biden, Zillow all-house rents are UP 16.4% YoY. It hurts … Read more

School shootings were rare until the government put a target on the backs of our children in 1990. What happened in 1990?

School shootings were rare until the government put a target on the backs of our children in 1990. The Gun-Free School Zones Act was introduced in the Senate by Herb Kohl of WI on Feb. 5, 1990, and signed into law by George H. W. Bush on Nov. 29, 1990. pic.twitter.com/mp6pdYSNY5 — No One 🇺🇸 … Read more

The Bank of England sees no housing bubbles.

Would YOU pay £350,000 for this home? Estate agency is blasted for listing rundown property unoccupied since 1965 – as Reddit users say it should be ‘bulldozed’ https://twitter.com/triantafyllidi2/status/1530009237711101959 https://twitter.com/triantafyllidi2/status/1530009237711101959

Josh Duggar has been sentenced to more than 12 years in federal prison, Hunter Biden still FREE

Josh Duggar has been sentenced to more than 12 years in federal prison for downloading and possessing child pornography. The 31-year-old former “19 Kids and Counting” actor was sentenced Wednesday to 151 months in prison, as well an additional 20 years of supervision by a parole officer once he is released, according to People. The … Read more

Value of Lebanese pound drops to all-time low

by Boo_Randy The Lebanese sheeple let their corrupt elites and criminal central bankers lead their country to ruin. Now they’re paying the price for their passivity. Learn something, ‘Muricans. https://www.aljazeera.com/news/2022/5/26/lebanese-pound-value-drops-to-lowest-level Beirut, Lebanon – The black market value of the Lebanese pound has fallen to an all-time low of 35,600 against the US dollar, a drop from … Read more

Interesting Trend – Companies Are Not Hiring

by Jobtard I have 20+ years of experience in IT. Mainly programming, cloud, security, automation type of work. For the past 3-4 year I would get bombarded with requests on LinkedIn for jobs by recruiters. At least 20-30 messages from recruiters every week. I noticed over the past month or two that these requests has … Read more

NSCC ALERT! PROPOSED RULE CHANGE FILING – AMENDMENTS TO THE CLEARING AGENCY STRESS TESTING (MARKET RISK) FRAMEWORK AND CLEARING AGENCY LIQUIDITY RISK MANAGEMENT FRAMEWORK (SR-NSCC-2022-006)

by Dismal-Jellyfish Source (pdf) Others following suit: FICC – GOV (pdf): Submission of Rule Filing SR-FICC-2022-004 – Amendments to the Clearing Agency Liquidity Risk Management Framework, Clearing Agency Stress Testing (Market Risk) Framework and MBSD Rules FICC – MBS (pdf): Submission of Rule Filing SR-FICC-2022-004 – Amendment to the Clearing Agency Liquidity Risk Management Framework, Clearing Agency Stress … Read more