Posts Tagged ‘Mortgage Lending’
The Coming Storm in Real Estate
Did you hear about the latest lunacy out of Washington? Mark my words; it will create yet another headwind for a real estate market that is beginning to flounder without this change. Seems that homebuyers with good credit and larger down payments will now pay more in mortgage origination fees than poorly qualified,…
Read MoreStagflation Imminent?
Last week, I discussed the inevitable outcome of government overspending and central bank overprinting. This outcome will be as ugly as it will be predictable in my view. Eventually, inflation will give way to an ugly deflationary environment. In the meantime, we will probably see stagflation – rising consumer prices and falling…
Read MoreInflation Update and Recession Realities
When inflation first became a topic of conversation, I stated my view that unless we saw real positive, net interest rates, inflation would not be controlled. If you are a new reader, that simply means that the interest rates have to be higher than the inflation rate. If the inflation rate is higher…
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