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Tag Archives: housing markets

Mortgage Lock-In is Coming to an End

QUARTZ The ‘Lock-in Effect’ is Easing. Here is What It means for the Housing Market Homeowners are beginning to give up on waiting for lower mortgage rates. That could be good news for potential homebuyers. In the first quarter of this year, six of every seven homeowners, or 86%, have a mortgage rate below 6%, according to a Redfin analysis of the Federal Housing Finance Agency’s National Mortgage Database published Tuesday. That’s down from a...

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Betting on climate change

Believe it or not, there are still some folks who think climate change is a hoax. How many are financially invested in that belief, I don’t know. I do know that folks who are currently in the business of making money in the insurance industry *do* believe that climate change is real. They’re no longer willing to insure residential and commercial buildings in risky areas. This threatens to trigger an insurance crisis with major economic consequences in...

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Not to alarm you, but here’s a headline that’s been popping up a bunch:

[unable to retrieve full-text content]Not to alarm you, but here’s a headline that’s been popping up a bunch:: Forgive me, I forgot a title and can’t seem to take back my error…anyway, here’s some reading about the dangers of bad math as it pertains to housing affordability…the upside is that consequences for low-wage workers are less dire than a recent analysis suggests.

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