“Yield curve inversions have preceded most economic recessions of the past half century,” noted Manager of Economic Research George Ratiu. These factors, also pressured by nationwide inflationary concerns, only dampen the horizon for prospective buyers, with the nation’s economic landscape on the brink of recession. As a result of these factors, we expect house price appreciation to moderate noticeably.” “Consumer concerns about rising rates, inflation and a potential recession are manifesting in softening demand. “The housing market remains sluggish as mortgage rates inch up for a second consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. Rising rates and falling applications was not the only negative news on the housing front, as the National Association of Home Builders (NAHB) found builder confidence sliding for the seventh straight month in July 2022. With rates on an upswing for the second straight week, overall mortgage application volume has dipped as well, with the Mortgage Bankers Association (MBA) reporting app volume falling 6.3% week-over-week, bottoming out to a 22-year low. A year ago at this time, the 30-year FRM averaged 2.78%. 26-27), the 30-year fixed-rate mortgage (FRM) rose once again for a second consecutive week, as Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) found the FRM at 5.54%, up slightly over last week’s reading of 5.51%. Don't forget to visit your mother.Ahead of next week’s Federal Open Market Committee (FOMC) meeting of the Federal Reserve Board (set for July. But until you start believing in yourself, ya ain't gonna have a life. But ya gotta be willing to take the hits, and not pointing fingers saying you ain't where you wanna be because of him, or her, or anybody! Cowards do that and that ain't you! You're better than that! I'm always gonna love you no matter what. That's how winning is done! Now if you know what you're worth then go out and get what you're worth. How much you can take and keep moving forward. It's about how hard you can get it and keep moving forward. You, me, or nobody is gonna hit as hard as life.
It's a very mean and nasty place and I don't care how tough you are it will beat you to your knees and keep you there permanently if you let it. The world ain't all sunshine and rainbows. Let me tell you something you already know. And when things got hard, you started looking for something to blame, like a big shadow. You let people stick a finger in your face and tell you you're no good. But somewhere along the line, you changed. Then the time come for you to be your own man and take on the world, and you did. It was great just watching you, every day was like a privilige. This kid's gonna be somebody better than anybody I ever knew." And you grew up good and wonderful. I'd hold you up to say to your mother, "this kid's gonna be the best kid in the world.
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