(ZeroHedge) With the 30 Year mortgage now (un)comfortably into 7% territory, the US housing market is already suffering the “sharpest turn since the 2008 crash“, according to Redfin…
… pushing the average mortgage payment almost 50% to $2,500 from around $1,700 at the start of the year.
… and with credit card debt soaring every month by record amounts…
… to record highs…