Sellers Have Lost Control of the Housing Market, But What About Rent?
by Mish Shedlock, Mish Talk: Pending home sales, mortgage application, and asking prices all say the same thing. But it’s rent, not home prices, in the CPI. Mortgage Applications at 22-Year Low “The MBA Mortgage Market Index in the United States decreased 6.5% to 288.40 points in the week ended June 3rd 2022. It is […]