So many negative indicators. Concern over rental evictions; forbearance extensions leading to additional financial pressure on loan servicers and lending markets; de-valued dollars; commercial loan defaults and more....
I believe we are closer than ever to the breaking point. It is a summer for the history books.
To stay on top of all the US Mortgage and Housing News, join my group on Facebook: https://www.facebook.com/groups/kirkjaffesusmortgageandhousingnews/https://www.facebook.com/groups/kirkjaffesusmortgageandhousingnews/">https://www.facebook.com/groups/kirkjaffesusmortgageandhousingnews/>
https://www.thestreet.com/mishtalk/economics/housing-recovery-not-much-to-crow-about?fbclid=IwAR1gq8Gg-P4USs6KefXM_QiU9tSUcL7o7TF43p-DoxOk_vW48FoNT8P04Jo" rel="noopener nofollow" tabindex="-1" target="_blank">Housing starts rose a weaker than expected 4.3% but the cheerleaders are out in full force.https://imageproxy.themaven.net/https%3A%2F%2Fimages.saymedia-content.com%2F.image%2FMTczMzM3MTQxMDcyMzczNjE5%2Fhousing-starts-permits-completions-may-2020.png" />
