Housing Starts Collapse With The Worst Annual Drop Since 2011
Builders remain wary even as lower mortgage rates and steady wage gains offer support to consumers. Here’s a look a the ‘unexpected tumble’…
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The US Housing Market Is In A Freefall As New Buyers Can’t Afford A Home
It is troubling that Americans are unable to afford home purchases with 30-year mortgages at just 4.5%. Here’s an update on the troubled housing market…
Continue readingThe Cat Is Out Of The Bag: NEW HOME SALES COLLAPSE
The carefully crafted narrative of an economic recovery we’ve been spoon fed for years is falling apart. Here’s the latest example with new home sales…
Continue readingMoney Supply Growth Falls To 8-Month Lows As Mortgage Rates Rise
Money supply growth can often be a helpful measure of economic activity, and right now money supply growth is slowing. Here are the details…
Continue readingNow We Go Back To Normal With Rising Interest Rates, Rising Debt, And Rising Volatility
As contentious as the US midterm elections were, there was never a scenario in which they mattered for the economy. Here’s why…
Continue readingMortgage Applications Tank As Interest Rates Soar
Weekly mortgage applications fell a whopping 7.1% as borrowing costs surged. Here are the details…
Continue readingMartenson & Richter In An Off The Cuff Discussion To Make Sense Of The Recent Market Gyrations
With turmoil in stocks, problems in the bond markets, and budding problems in housing and real estate, Chris and Wolf unpack it all to make sense out of it…
Continue readingMore Trouble For The Housing Market: Mortgage Rates Surge To A Seven Year High
With US consumers suddenly dreading to see the bottom line on their next 401(k) statement, they now have the housing market to worry about. Here’s why…
Continue readingMortgage Rates Are Jumping (And Now The US Housing Market Is Starting To Fall)
All of the problems of the first real estate bubble are back, and now rates are up for the 4th week in a row. Here’s an update on the US […]
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