What caused the Great Recession of 2008? Having worked four years at GE Consumer Finance before transferring to the San Francisco Bay area, Shekhar now faced an uncertain future. “VC funding dried up,” Shekhar recalled. “The company shut down, and . I was with no connections and no capital. But I always wanted to be […]
Tag Archives: inflation
15
Mar
Mar
Housing Affordability is at the lowest level in a decade as a major recession indicator just flashed its loudest warning ever as Fed Chair Powell signals higher interest rates suggesting a hard landing could be coming. Will House Prices Crash or Stabilize along with inflation moderating? Will we see the pivot the FED Pivot in […]
14
Mar
Mar
The upshot: Higher interest rates are in the offing, he said. “Fed chair [Jerome] Powell communicated earlier this week that incoming data on the U.S. economy continues to show strength and that a higher level of interest rates, and potentially for a longer period of time, is likely needed to cool inflation,” the economist said […]
08
Mar
Mar
The Florida Housing Market Crash About To Get Worse in 2023 ▶WATCH FLORIDA HOUSING WARNING: ✅ Please Subscribe Here: 🚪Free Foreclosure List Signup! ⭐GET CONNECTED WITH A PROFESSIONAL: 👇 CLAIM YOUR FREE City Guide to learn about every city in South Florida by clicking link: This video is a data driven analysis of everything happening […]
05
Mar
Mar
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05
Mar
Mar
The average rate on the 30-year fixed mortgage jumped back over 7% on Thursday, rising to 7.1%, according to Mortgage News Daily. Growing fears that inflation is not cooling off are pushing bond yields higher. Mortgage rates loosely follow the yield on the U.S. 10-year Treasury. “Rates continue to move at the suggestion of economic […]
04
Mar
Mar
Total Interest Paid on a $500,000 Mortgage: – May 2021: $220,000 – NOW: $710,000 In 18 months, mortgage rates have risen from 2.5% to 7.1%. Further, the housing affordability index is officially below 2008 levels. The well overdue housing market correction is on its way. — The Kobeissi Letter (.KobeissiLetter) March 2, 2023 […]
03
Mar
Mar
Florida Housing Market Is OUT OF CONTROL ▶WATCH FLORIDA HOUSING WARNING: ✅ Please Subscribe Here: 🚪Free Foreclosure List Signup! ⭐GET CONNECTED WITH A PROFESSIONAL: 👇 CLAIM YOUR FREE City Guide to learn about every city in South Florida by clicking link: This video is a data driven analysis of everything happening in the Cape Coral […]
02
Mar
Mar
Should you Buy Now or Wait until for a Housing Market Collapse? With the housing market slowing, sellers reducing prices and interest rates peaking at the highest level in 20 years, many first time home buyers are wondering when is the right time to buy a house? In this video, we discuss the current why […]
28
Feb
Feb
Mortgage Applications to Buy a House just COLLAPSED by 41% YoY. Down to the lowest level in 28 Years. Even worse than the Mortgage Crash that occurred in 2008. Go to www.reventure.app to access the data in this video. Suggesting that the Spring 2023 Housing Market will likely be a ghost town. With empty open […]