Mortgage Defaults (CDR) Surging After Rate Reset (Did Jay Powell And The Blackhearts Wait Too Long To Cut Rates??)

#bubble, Banking, CMBS, CRE, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, GSE, Housing, Mortgage, New Home Sales, Pension, Powell, PPI, REITs 1 Minute

In addition to soaring sellers to buyers ratio in US housing markets, we now have surging mortgage default risk (CDR) after mortgage rate resets.

Did Powell and The Fed (aka, Jay Powell and the Blackhearts) wait too long to cut rates?

Here is the soaring ratio of home sellers to buyers. OOOGG!!!

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Published by confoundedinterest17

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