US housing market dynamics are changing:
Mortgages with rates of 6%+ are up to 21.2% of all loans, the highest since 2015, per Reventure.
This percentage has almost TRIPLED since 2022.
Over the same period, sub-3% rate mortgages have declined -4.4 percentage points to 20.2%, the lowest since 2021.
As a result, there are now more mortgage holders with rates of 6%+ than sub-3%.
As existing homeowners have increasingly higher mortgage rates, closer to the current 30-year average of 6.15%, more homeowners are willing to sell their homes.
This could revive historically depressed home turnover, which sits near 30-year lows.
The mortgage lock-in effect may finally be starting to ease.
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Mortgages with rates of 6%+ are up to 21.2% of all loans, the highest since 2015, per Reventure.
This percentage has almost TRIPLED since 2022.
Over the same period, sub-3% rate mortgages have declined -4.4 percentage points to 20.2%, the lowest since 2021.
As a result, there are now more mortgage holders with rates of 6%+ than sub-3%.
As existing homeowners have increasingly higher mortgage rates, closer to the current 30-year average of 6.15%, more homeowners are willing to sell their homes.
This could revive historically depressed home turnover, which sits near 30-year lows.
The mortgage lock-in effect may finally be starting to ease.
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BREAKING:
A terrorist attack occurred near the National Congress building in Honduras.
Reports indicate that terrorists threw a bomb at the Vice President of the National Congress, Gladys Aurora López, seriously injuring her and causing multiple fractures.
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A terrorist attack occurred near the National Congress building in Honduras.
Reports indicate that terrorists threw a bomb at the Vice President of the National Congress, Gladys Aurora López, seriously injuring her and causing multiple fractures.
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I am once again asking you to deploy me to the front lines Donny, all I ask is that you reimburse me for ammo
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Wow, I’ve never seen Greenland from this perspective. I can see the strategic importance for the U.S
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POLITICAL VIOLENCE: The woman who rammed an ICE agent wasn’t there by accident. Renée Good was an ICE watch activist trained to disrupt federal operations. Her LGBTQ 'partner' was there filming realizing that she would likely be arrested. These dangerous networks are spreading nationwide funded by Soros and CCP-funded/directed NGOs
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Media is too big
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Anti-ICE protesters are calling for Gov. Walz and Mayor Frey to issue an arrest warrant for the ICE agent who was involved in yesterday’s shooting
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Breaking: Two people have just been shot by Border Patrol during an immigration operation in Portland, Ore. Anti-ICE accounts have circulated screenshots alleging that a 911 dispatcher leaked to them information about a call for police assistance.
The call log also shows a 911 call from Border Patrol stated that a husband and wife who were shot almost ran the agent(s) over. ABC News is reporting that the shooting occurred near East Burnside and 141st Avenue.
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The call log also shows a 911 call from Border Patrol stated that a husband and wife who were shot almost ran the agent(s) over. ABC News is reporting that the shooting occurred near East Burnside and 141st Avenue.
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Portland MayorKWilson has released a statement about the Border Patrol-involved shooting in Portland. A man and woman reported being shot after fleeing from a scene. A 911 call log shows Border Patrol reported being nearly run over by a pickup truck when they fired rounds. The mayor refers to only the injured as "victims." He urges Portlanders to "show up with calm and purpose."
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OH SO RENÉE GOOD WASNT
“JUST” A PROTESTOR JUST AS WE SUSPECTED. She was “TRAINED”Good who moved to the Minneapolis last year & linked up with the ANTI ICE ACTIVISTS AT HER SCHOOL through her son's WOKE charter school which boasts that it puts SOCIAL JUSTICE FIRST and "involving “KIDS” in political ACTIVISM.
As expected the school across America especially in blue city’s are
INDOCTRINATION FACTORIES & they prey on kids and creating a woke army of gay/trans foot soldiers who are MENTALLY ILL.
I can’t wait to find out who was funding this.
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“JUST” A PROTESTOR JUST AS WE SUSPECTED. She was “TRAINED”Good who moved to the Minneapolis last year & linked up with the ANTI ICE ACTIVISTS AT HER SCHOOL through her son's WOKE charter school which boasts that it puts SOCIAL JUSTICE FIRST and "involving “KIDS” in political ACTIVISM.
As expected the school across America especially in blue city’s are
INDOCTRINATION FACTORIES & they prey on kids and creating a woke army of gay/trans foot soldiers who are MENTALLY ILL.
I can’t wait to find out who was funding this.
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Media is too big
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Minneapolis protester jumps IN FRONT of federal agent’s car
Fox anchor: 'if we didn’t learn a terrible lesson about this yesterday…'
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Fox anchor: 'if we didn’t learn a terrible lesson about this yesterday…'
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BREAKING: CBP AGENTS SHOOT HUSBAND AND WIFE IN PORTLAND AFTER UNVERIFIED REPORTS THEY TRIED TO RUN OVER AGENTS
Two people were shot by Border Patrol agents in Portland on Thursday afternoon.
Unverified reports indicate the husband and wife were attempting to run over federal agents with a car when they were shot.
Both were taken to a local hospital.
Details remain unclear.
The FBI is investigating.
Portland Police confirmed they were not involved.
Police Chief Bob Day: "We understand the heightened emotion and tension many are feeling in the wake of the shooting in Minneapolis, but I am asking the community to remain calm."
This comes two days after Renee Good was killed by an ICE agent in Minneapolis under similar circumstances.
A democratic socialist organizer is already organizing a vigil.
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Two people were shot by Border Patrol agents in Portland on Thursday afternoon.
Unverified reports indicate the husband and wife were attempting to run over federal agents with a car when they were shot.
Both were taken to a local hospital.
Details remain unclear.
The FBI is investigating.
Portland Police confirmed they were not involved.
Police Chief Bob Day: "We understand the heightened emotion and tension many are feeling in the wake of the shooting in Minneapolis, but I am asking the community to remain calm."
This comes two days after Renee Good was killed by an ICE agent in Minneapolis under similar circumstances.
A democratic socialist organizer is already organizing a vigil.
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