Today’s podcast discusses the state of the MBA purchase application data, which is already below 2008 levels and almost back to the lows in 2014. I talk about adequately reading this data line because it can confuse some. I give my take on the recent midterms as well. For those who know me well, I wouldn’t say I like poly ticks, and many blood-sucking parasites.
https://www.housingwire.com/podcast/logan-mohtashami-on-purchase-applications-being-below-2008-levels/
I am no longer writing for my blog; all my work can be found at HousingWire; you can use my LoganVIP20 code to join HousingWire Plus. Also, I can’t join Twitter Spaces, a podcast, or an interview unless it goes through Press@HWMedia.com first.
I recently wrote about this subject with many charts, of course, and pushed on the fact that declining new listing data is negative on demand that people aren’t focusing on.
https://www.housingwire.com/articles/why-purchase-application-data-is-below-2008-levels/
Life comes at your fast; tomorrow’s podcast will be aired on Monday and will talk about the inflation data and the significant drop in mortgage rates today. However, I did write about that today and what to look for next year on inflation data.
https://www.housingwire.com/articles/mortgage-rates-collapse-on-softer-inflation-data/
“We have always held to the hope, the belief, the conviction that there is a better life, a better world, beyond the horizon.” Franklin D. Roosevelt
Logan Mohtashami is a Lead Analyst for Housing Wire, a financial writer, and a blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else