Wednesday, April 14, 2021 12:24:19 PM
RISING INTEREST RATES WILL HURT MORTGAGE APPLICATIONS.
LOWER HOME PRICES WILL HURT HOME PRICES AND BORROWERS ABILITY TO MITIGATE FORBEARANCE EXITS.
THUS, PRIVATE MORTGAGE INSURERS(PMIS) LOAN LOSSES EFFORTS TO MITIGATE LOAN DEFAULTS WILL BE HURT.
"Google search trends show people are searching things like, "When will the housing market crash?"
And "Why is the market so hot?" Home prices have been up 10 percent year over year because demand is so high and supply is so low. Diana Olick joins 'The News with Shepard Smith' to discuss."
FINANCIAL STOCK PRICES DON'T MATCH BOOK VALUES.
IRRATIONAL EXUHERANCE NEVER ENDS GOOD.
http://www.mortgagenewsdaily.com/video/archive/2021/4/14.aspx#972564
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