Support starter homes, not looser lending or financial fixes
Policymakers can lower frictions, but only new starter-home production changes the math
What’s next for housing: 7%, 8% or 9% mortgage rates?
Mortgage rates are at 7.57% and demand softened more last week
Why Bonds Sold Off Despite Weaker Jobs Report
Why Bonds Sold Off Despite Weaker Jobs Report First off, read the AM commentary if you haven't already. This recap doesn't add much to that (but the video adds a lot). Bottom line, NFP was weaker, but that was the worst of the news. The unrounded unemployment rate barely budged and it would have mov
Pamela Heman
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