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The market is again pricing in an 80% probability of Fed raising rates by another 75 bps in September…
New US home sales keep plunging as inventory surges to highest level since 2009.
— unusual_whales (@unusual_whales) August 29, 2022
One is the loneliest number… pic.twitter.com/Zz4CuW8NEJ
— Michael (@profplum99) August 29, 2022
The 30y mortgage is back to 6% again… will probably do wonders for affordability and buyers ability to qualify for a loan… yes I know, existing housing supply is limited and house prices can only go up…
We are entering what is typically a higher volatility time of year: Sep->Nov. pic.twitter.com/dqwcv2mQgv
— Markets & Mayhem (@Mayhem4Markets) August 29, 2022
h/t silvertomars
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Image and article originally from www.investmentwatchblog.com. Read the original article here.