Why the Fed Can Let the Housing Bust Rip: Mortgages, HELOCs, Delinquencies, Foreclosures, and Who’s on the Hook

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. First, here is a quick housing market […]

Source: Forbes —  Housing market sentiment is at lows we haven’t seen since the 1980s. Inventory metrics are moving in the wrong direction, and mortgage rates have risen back to levels from before the financial […]

Housing demand has shifted more toward the new home market, Fannie Mae’s Economic and Strategic Research (ESR) Group noted in its May economic outlook. While mortgage rates have pulled back modestly from their highs in […]