First-Time Homebuyers Are Absolutely Screwed Right Now
By Tyler Durden Despite a recent softening in the US housing market, a combination of rising borrowing costs and still-high prices have put prospective first-time…
By Tyler Durden Despite a recent softening in the US housing market, a combination of rising borrowing costs and still-high prices have put prospective first-time…
By Ryan McMaken The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data today, and according to the report, price inflation during the…
By Michael Snyder The Federal Reserve giveth, and the Federal Reserve taketh away. In a desperate attempt to help the U.S. economy recover from the…
By Tyler Durden As a historic cold front blankets the continental US – because global warming of course – locking down hundreds of millions, and…
By Tyler Durden The good news is that they still have jobs (if one believes the goalseeked propaganda spewed by the Bureau of Labor Statistics)….
By Tyler Durden As the housing market continues to implode – marking a record drop in pending home sales last month amid canceled deals and…
By Chris Melore More than two-thirds of Americans find themselves spending more time at home now than two years ago – and the economy may…
By Tyler Durden The Federal Reserve has hiked 375bps in just six meetings this year. Mortgage rates have followed suit, skyrocketing from a low of…
By Michael Snyder I am extremely concerned by what I am seeing in the housing market. When the Federal Reserve decided that it was going…
By Tyler Durden The US housing affordability crisis continues to worsen as mortgage rates skyrocket to two-decade highs while the cost of an average home…
By Tyler Durden In all the chaos over the past few days, we missed the release of the Fed’s latest Senior Loan Officer Survey which…
By B.N. Frank Since 2021 ProPublica has been exposing issues associated with controversial high-interest Property Assessed Clean Energy (PACE) loans and their lenders (see 1,…
By Tyler Durden Housing bubbles are a tricky phenomenon. As a market gathers steam and prices increase, it remains a matter of debate whether that…
By Michael Snyder The U.S. housing market is absolutely imploding, but nobody should be surprised. In fact, we were warned way ahead of time that…