Category Archives: Mortgages

58% of Australians Worry About Their Mortgage, 42% Worry About Becoming Homeless

58% of Australians Worry About Their Mortgage, 42% Worry About Becoming Homeless – Mish Talk https://moneymaven.io/mishtalk/economics/58-of-australians-worry-about-their-mortgage-42-worry-about-becoming-homeless-hCNFwB5p5U-cioYfU8MVdA/ Re-posted from Mish Talk. Geoff Geoff Comments: Apparently the catastrophe they are worried about is real…

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“It’s Our Version Of The GFC”: Aussies Face Looming ‘Interest-Only’ Crisis

“It’s Our Version Of The GFC”: Aussies Face Looming ‘Interest-Only’ Crisis | Zero Hedge https://www.zerohedge.com/news/2018-07-22/its-our-version-gfc-aussies-face-looming-interest-only-crisis Re-posted from Zero Hedge. Geoff Geoff Comments: With 1.5 million Australian families in homes paying ‘interest only,’ each raise in interest rate put more Australians … Continue reading

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It “Hit the Mortgage Market Over the Head with a Baseball Bat”

It “Hit the Mortgage Market Over the Head with a Baseball Bat” | Wolf Street https://wolfstreet.com/2018/07/11/sydney-house-price-bubble-mortgage-market-royal-commission/ Re-posted fromWolf Street. Geoff Geoff Comments: Australia has more than its share of real estate woes… with no relief in sight…

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Next Mortgage Default Tsunami Isn’t Going to Drown Big Banks but “Shadow Banks”

Next Mortgage Default Tsunami Isn’t Going to Drown Big Banks but “Shadow Banks” | Wolf Street https://wolfstreet.com/2018/06/17/next-mortgage-default-tsunami-isnt-going-to-drown-big-banks-but-shadow-banks/ Re-posted from Wolf Street. Geoff Geoff Comments: The next round of mortgage defaults may not collapse the Big Banks, but it will surely … Continue reading

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Existing Home Sales Tumble In April As Rate-Hikes Crush Affordability

Existing Home Sales Tumble In April As Rate-Hikes Crush Affordability | Zero Hedge https://www.zerohedge.com/news/2018-05-24/existing-home-sales-tumble-april-rate-hikes-crush-affordability Re-posted from Zero Hedge. Geoff Geoff Comments: As expected…

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What Will Surging Mortgage Rates Do to Housing Bubble 2?

What Will Surging Mortgage Rates Do to Housing Bubble 2? | Wolf Street https://wolfstreet.com/2018/05/23/what-will-surging-mortgage-rates-do-to-housing-bubble-2/ Re-posted from Wolf Street. Geoff Geoff Comments: Rising mortgages rates will collapse the current housing bubble…

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Will the New Fed Get Rid of All its Mortgage-Backed Securities? That Seems to be the Plan

Will the New Fed Get Rid of All its Mortgage-Backed Securities? That Seems to be the Plan | Wolf Street https://wolfstreet.com/2018/05/16/will-the-new-fed-shed-all-its-mortgage-backed-securities-that-seems-to-be-the-plan/ Re-posted from Wolf Street. Geoff Geoff Comments: We can only hope that the Fed will come to their senses…

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Wow that’s Fast: Mortgage Rates Jump to 2011 Levels

Wow that’s Fast: Mortgage Rates Jump to 2011 Levels | Wolf Street https://wolfstreet.com/2018/05/02/wow-thats-fast-mortgage-rates-jump-to-2011-levels/ Re-posted from Wolf Street. Geoff Geoff Comments: Warning! More pain to come, interest rates will continue to rise…

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Amazon Sets Off To Become America’s Biggest Mortgage Lender

Amazon Sets Off To Become America’s Biggest Mortgage Lender | Zero Hedge https://www.zerohedge.com/news/2018-03-09/amazon-sets-become-americas-biggest-mortgage-lender Re-posted from Zero Hedge. Geoff Geoff Comments: There seem to be no limits to Amazon’s expansion…

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Mortgage Apps Tumble As Rates Spike To 4-Year Highs

Mortgage Apps Tumble As Rates Spike To 4-Year Highs | Zero Hedge https://www.zerohedge.com/news/2018-02-14/mortgage-apps-tumble-rates-spike-4-year-highs Re-posted from Zero Hedge. Geoff Geoff Comments: A by-product of a booming economy is rising interest rates… it adds sanity to the buyers equation…

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