Ep. 146 | Fed Worried About A FOMO Bubble
SUMMARY: The Dallas Fed is worried about a FOMO bubble forming, total mortgage demand falls as rates jump but purchase demand was actually up for the week, and private payrolls were up...
The FOMO Bubble
Apparently, a new housing bubble is forming. It is not caused by loose lending standards or subprime mortgage products, instead, the culprit is FOMO, according to a new report from the...
