Weekly blog posts keep you up-to-date with news and views you can use. Looking at economics, trends, clues in the news, markets, financing and more … all from the perspective of a real estate investor.
The People’s Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued
On September 12, Russian President Vladimir Putin stated that, given mounting economic sanctions, full “de-dollarization” of the Russian economy is only a matter of
The rental market of 2022 looks nothing like 2021. With 2022’s 3rd quarter almost in the books, a number of indicators suggest the once
Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising
With mortgage rates soaring (now shockingly above 7% amid the fastest rise in history), it’s no surprise that analysts expected pending home sales to
The latest real-time rent data from the property research firm CoStar Group shows apartment rents in the US are fading from record highs for
Less than two weeks ago we cited Freddie Mac according to which the average 30 year US mortgage just rose above 6% for the first time since
Falling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending.
Analysts expected Case-Shiller Home Price growth to continue its modest deceleration in August (the latest available data in this heavily lagged and smoothed data
One minute after 1pm, the Treasury announced results from today’s sale of $43 billion in 2Y paper, which were nothing short of disastrous. The
As mortgage rates go up and the housing market softens, more people are canceling home purchases. In August, over 15 percent of home purchase
The unraveling of the bond market will continue to batter stocks over the coming months, according to a Friday note from Bank of America.
With central banks worldwide aggressively ratcheting up interest rates in the face of stubbornly high inflation, prices are tumbling as traders race to catch
Record-high housing prices in the US could collapse by up to 20 percent over the next year if a recession sparked by Joe Biden’s
Real estate investors have largely done well for the past few years. But with higher interest rates, things could be about to change. The
Mortgage rates jumped more than a quarter point this week and remain at the highest level in 14 years, offering no relief to sidelined
Investors globally are wondering – after CPI sent the ‘peak inflation’ narrative to the bottom of the ocean and Powell’s Jackson Hole speech (and
Today we get our first glimpse of the carnage in the housing market from August. With mortgage rates having soared and homebuilder sentiment tumbling
Tl;dr: For the 3rd meeting in a row, The Fed hiked 75bps as expected but signaled a much more hawkish than expected future trajectory
The average interest rate on the most popular U.S. home loan climbed to its highest level since October 2008, Mortgage Bankers Association (MBA) data
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