US Mortgage Origination Remain Subdued At Fed Keeps Target Rate At 3.75% (US Home Prices Have Over Doubled Since 2015 Making Housing Unaffordable For Millions)

Large bank mortgage originations have crashed and burned since 2022. The Fed has raised rates following the Covid outbreak and have not cut rates in a significant manner. Another problem facing the US economy is that housing prices have over doubled since 2015. My reaction to the Fauci testimony in Congress. I am surprised that Continue reading US Mortgage Origination Remain Subdued At Fed Keeps…