We need higher mortgage rates to cool the housing market
The years 2020-2024 will have the best housing demographics ever recorded in U.S. history, with the lowest mortgage rates recorded in history. When you have…
Category: Housing Bubble
Is this the last stand for forbearance home-price crash bros?
In 2021, a lingering symptom of the economic sickness we suffered in 2020 is forbearance. Not the forbearance plans themselves, which allowed mortgage holders to…
Unemployment situation slows with pandemic uncertainty
Another month of rising COVID-19 cases left the U.S. unemployment situation virtually unchanged for the third month in a row, dropping just .4% to 6.3%…