“Does this mean they are getting ready to “Pop the Bubble” or “kill the fattened cattle” again like they do on a regular basis”
No, it means we (I’m a private mortgage lender) are working to AVOID that situation by not making risky loans as we enter a weaker economic period.
It wasnt too bad for me tho because the amount financed was so small, I only paid $2600 in mortgage usery interest last year.
So glad I went into retirement with no debt other than the "death till us part" agreement ( Mort-gage ) because inflation, (in effect) cut my income nearly in half.
The American People can't afford to be buying houses right now, they have to pay up (in inflation) to support Ukraine [/sarcasm]