Reinventing Feudalism in America: How can existing home sales go up when mortgage applications are falling?

By drhousingbubble This week we were welcomed by the news that existing home sales reached a multi-year high. Good news right? Depends on where you stand since the stock market continued to react to the potential of the Fed moving slowly away from their unprecedented mortgage experiment. As you know, mortgage rates are now at a multi-year […]

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