US Mortgage Origination Remain Subdued At Fed Keeps Target Rate At 3.75% (US Home Prices Have Over Doubled Since 2015 Making Housing Unaffordable For Millions)

#bubble, #inflation, Banking, CMBS, CRE, Credit, Currency, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, Housing, Mortgage, Powell, REITs, SPX, Stocks, Treasuries, Treasury, Uncategorized, Wages, Yellen 1 Minute

Large bank mortgage originations have crashed and burned since 2022. The Fed has raised rates following the Covid outbreak and have not cut rates in a significant manner.

Another problem facing the US economy is that housing prices have over doubled since 2015.

My reaction to the Fauci testimony in Congress.

I am surprised that no one in Congress asked Dr, Fauci about how Covid crisis impacted the housing market.

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Published by confoundedinterest17

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