US Macro Surprise data slumped for the 5th straight week, back into negative territory at its weakest weekly close since Nov 2021…
Newsfeed: Dow Suffers Longest Losing Streak In 99 Years, Bonds & Bullion Bid Read More »
A fee on US commercial mortgages has surged so high that borrowers can’t ignore it and may not be able to afford it.
Newsfeed: A 900% Jump in Hedging Costs Looms Over Commercial Mortgages Read More »
There’s no way around it: if the Federal Reserve is going to get runaway inflation back under control, it’s going to cause some economic damage along the way.
A combination of high inflation and slowing growth is setting the U.S. on a path to stagflation, according to a renowned former Federal Reserve economist Stephen Roach.
Existing-home sales recorded a third straight month of declines, slipping slightly in April, according to the National Association of Realtors®.
Newsfeed: Existing-Home Sales Retract 2.4% in April Read More »
Apartment markets in the Mountains/Desert region have seen notable inventory growth rates in recent years as developers try to keep up with sizable in-migration into this part of the country.
Four major retailers — Walmart, Target, Home Depot and Lowe’s — reported quarterly financial results this week, and they each offered a different perspective on where and how people are spending their money.
If you took out a mortgage over the last couple of years, there’s a good chance the holder of that loan is America’s central bank — a consequence of its monetary stimulus efforts throughout the pandemic.
Newsfeed: The Fed’s $2.7 trillion mortgage problem Read More »
Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability.
Following March’s modest rise in Housing Starts and Permits, analysts expected reality to catch up with the homebuilder market in April (just as we saw in the NAHB sentiment survey slumping to 2 year lows).
Newsfeed: US Housing Starts, Permits Plunge In April As Mortgage Rates Soar Read More »