Deluge of mortgage interest rate resets ahead
"The ARM resets will hit hard the subprime borrowers and therefore we have a huge amount of trouble ahead of us," said Torsten Slok, senior economist at Deutsche Bank in New York.
Realtor.com Reports Most Active "For Sale" Inventory since November 2019
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*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
15 hours ago
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