What’ll Happen to Housing Bubble 2 as Mortgage Rates Jump? by Wolf Richter — STRAIGHT LINE LOGIC

If mortgage rates keep rising, it is self-evident what will happen to housing bubble 2: it will pop. From Wolf Richter at wolfstreet.com: Oops, they’re already jumping. In the few days since the election, we got a flavor of what might happen when the bond market sees hues of inflation, expects the Fed to respond, […]

via What’ll Happen to Housing Bubble 2 as Mortgage Rates Jump? by Wolf Richter — STRAIGHT LINE LOGIC

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