Death of the Great Recovery Part 3: Housing Collapse 2.0 Has Begun

It’s simple math — an equal and opposite reaction. After a long spell of QE took mortgage interest down to the lowest it has ever been, a long spell of QT (quantitative tightening) is going to take it back up again.┬áThat’s why I forecasted another housing collapse with confidence last year: Rising mortgage rates will … Continue reading Death of the Great Recovery Part 3: Housing Collapse 2.0 Has Begun