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Falling Rates Boost Mortgage Market to Precrisis Levels

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The mortgage market turned red hot over the summer, posting its biggest three months since the financial crisis

Mortgage originations for the full year are on pace to hit their highest level since 2006, the peak of the last housing boom.

 

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BenEisen And the mortages (most at 3 and 5% down) are just as risky as those that caused the crash of ‘08.

BenEisen More Debt Forces More Burdens. When the Bubble Pops, The Peoples Backs Will Break and The MAGA Corps Get Bailouts from the Broken People.🤔

BenEisen Smells like an upcoming recession

Why wouldn't they ? Lesson last time is you get bailed out by goverment if turns sour.

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 /  🏆 98. in SE

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