Get ready for a 50% increase in your property tax!

AUSTIN, Texas — Central Texas counties are sending out property appraisals and quite a few homeowners are dealing with sticker shock, thanks to the area’s booming growth. Travis County began sending out property appraisal notices to 400,578 property owners this …

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Panic In (Fed) Needle Park! Mortgage Purchase Applications INCREASE Despite Rapid Rise In Mortgage Rates (FEAR Of Further Fed Taking Away Punchbowl)

by confoundedinterest17 Today, the US Treasury 10-year yield exploded upwards by over 12 basis points. With it, the 30-year mortgage yield is above 5%. And MBA Mortgage Purchase Applications are actually increasing. Today’s bond market summary shows the 10-year Treasury yield …

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MASSIVE TAX INCREASE COMING

Biden proposes $2.5 trillion in tax increases as part of budget request President Biden made a renewed push on Monday to galvanize congressional Democrats to overhaul the nation’s tax code and dramatically raise rates on corporations and ultra-wealthy Americans. The …

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Fed’s “Fats” Waller Says Rates Too Low And Data Is Screaming Towards 50 BPS Increase In Rates (As 10Y-2Y Treasury Yield Curve Flattens Below 20 BPS)

by confoundedinterest17 The Federal Reserve’s Christopher “Fats” Waller thinks that your rates are too low. “The data is basically screaming at us to go 50 but the geopolitical events were telling you to go forward with caution. So those two factors …

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