REAL Mortgage Rates At -3.25%, REAL Wage Growth At -2.99% YoY While REAL Home Price Growing At +11.7% YoY (Powell And Fed Singing “No Sugar Tonight”) April 25, 2022 12:02 am
Fed Fireball! Mortgage Rates Climb To Highest Level Since 2009 As Fed Attacks Inflation And Markets Get Crushed (S&P 500 Index Down 7% In April, Bitcoin Down 11%) April 23, 2022 12:34 pm
There is no one that can persuade me that this jump in mortgage rates isn’t going to have a serious impact on the housing market. April 20, 2022 2:52 pm
T-R-O-U-B-L-E! Mortgage Purchase Applications DOWN 14% From Same Week Last Year, Refi Applications DOWN 68% (Yet Fed STILL Has Its Huge Foot On Monetary Gas Pedal) This One’s Gonna Hurt You For A Long, Long Time April 20, 2022 2:31 pm
Mortgage demand falls to nearly half of what it was a year ago, as interest rates continue to rise April 20, 2022 2:24 pm
People Get Ready! Agency MBS Prices Drop Like A Rock As Mortgage Rates AND Duration Risk Soar (Energy Prices Drop Over 5% On Covid Shutdown In China) April 20, 2022 2:18 pm
US Mortgage Rates Rise To 5.25%, Up From 2.88% Under Biden (Fed May Boost Rate 50 BPS At Next Meeting) April 19, 2022 10:33 am
Fed’s Fahrenheit 451! Freddie’s Mortgage Rate Hits 5% For First Time In A Decade As Fed Keeps Buying Assets April 16, 2022 11:05 am
Annual mortgage payments in the US are now 35% higher than at the peak of the 2006 bubble… April 16, 2022 8:57 pmApril 15, 2022 10:03 pm
Panic In (Fed) Needle Park! Mortgage Purchase Applications INCREASE Despite Rapid Rise In Mortgage Rates (FEAR Of Further Fed Taking Away Punchbowl) April 15, 2022 9:51 am
Get ready for the housing crash! Surging mortgage rates price out 16M potential homebuyers in blow to Biden April 14, 2022 6:58 pm
UMich Buying Conditions For Housing Remain Depressed As Mortgage Rates Continue To Rise (Thanks A Boatload, Powell!) April 14, 2022 2:00 pm
FICC Alert! Proposed rule to amend the Mortgage-Backed Securities Division Clearing Rules to move certain Deterministic Risk Component items (Mark-to-Market items, cash obligation items and accrued principal and interest) from the Required Fund Deposit calculation to Cash Settlement, and more. April 12, 2022 8:36 am
Addicted To Gov! 40-year Mortgage Proposal And How Government Makes Housing Unaffordable (Declining Real Wage Growth And Rising Mortgage Rates = Bad News) April 11, 2022 6:42 pm
Going Down! Mortgage Rates Keep Rising, UP 68.75% Under Biden While Mortgage Payments UP 27.25% As Mortgage Applications Decline 6.3% From One Week Earlier April 6, 2022 7:29 pm
U.S. coal prices hit $100 per ton… First time in 13 years… 30-year mortgage crosses 5 percent… April 6, 2022 2:39 pmApril 5, 2022 6:02 pm
Fire! Case-Shiller National Home Price Growth Accelerates To 19.17% YoY In Spite Of Mortgage Rate Increases (Phoenix, Miami And Tampa Biggest Gainers) March 29, 2022 1:21 pm