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A top ranked economics and finance blog with a focus on the housing market

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

A top ranked economics and finance blog with a focus on the housing market

A look at the day ahead in European and global markets from Anshuman Daga: A nationwide spike in COVID-19 cases in China is again the main talking poi...

When was the last time that you did something for the first time? (Warning: tissues may be needed.) The best use of technology is to improve quality of life. Watch people’s beautiful first expressions of hearing sounds for the first time. (This came from an email from Steve Wozniak – yes, that one, who wrote, “Why do you think we started Apple. Steve Jobs and myself wanted to make life the same for the disabled and normal people. We wanted blind people to be like sighted peo...

A top ranked economics and finance blog with a focus on the housing market

Sometimes it’s tough to find good news out there. For independent mortgage bank (IMB) and mortgage subsidiaries of chartered bank lenders, the MBA reports that production costs exceeded $11,000 per loan in the 3rd quarter leading to a net loss of $624 on each loan they originated. (More below.) And the cost of determining a borrower’s credit will be heading significantly higher, according to word on the street. The increases are not coming from credit resellers, such as credit repo...

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market