A Housing Crisis Is Brewing Because 4.3 Million People Can’t Pay Their Mortgages

Over 4 million individuals have not been able to pay their mortgage payments for 30 days or more. The housing market may see additional selling pressure as pressure on homeowners mount. Renters have also been unable to afford payments, putting additional risks on leasers. A staggering 4.3 million people have been unable to make their […]

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Mortgage Rates Are Crashing – But That Won’t Save the Housing Market

Mortgage rates just set a new record low. The Fed’s decision to keep rates near zero for a long time will keep mortgage rates at low levels. Low rates won’t be enough to stop a housing market crisis. After last week’s surprisingly good jobs report drove bond yields higher, it looked like mortgage rates had […]

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A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable

The U.S. housing market could lose 4% of its value. Unemployment claims and layoffs would be a headwind. Demand is expected to fall off a cliff thanks to the coronavirus pandemic. The U.S. housing market is going to be one of the biggest victims of the novel coronavirus pandemic as people lose jobs and the […]

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