Wolf Richter: Housing bubble getting ready to pop as mortgage applications plunge
Pieces of evidence are lining up in increasing density. Potential future homebuyers who need a mortgage have been thinning out for months. Today, another milestone:
Pieces of evidence are lining up in increasing density. Potential future homebuyers who need a mortgage have been thinning out for months. Today, another milestone:
Housing is hot again, but lately it’s been overshadowed by flashier bubbles in government debt, tech stocks and possibly cryptocurrencies. Still, the warning signs are
Back in 2013 interest rates in the US and elsewhere started to rise, and the results were scary to put it mildly. Here’s an excerpt
Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.