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House Latitudes! UMich Buying Conditions For Houses Falls To 44 Despite Declining Mortgage Rates (Home Prices UP 33.2% Under Cluelesss Joe And Mortgage Rates UP 151%)
Confounded Interest ^ | 12/08/2023 | Anthony B. Sanders

Posted on 12/08/2023 11:19:11 AM PST by Kaiser8408a

We are in the house latitudes. Despite declining mortgage rates, the University of Michigan Consumer Sentiment Index Buying Conditions for Housing fell to 44.

Why are buying conditions for houses so low? Well, mortgage rates, despite coming down recently, are still up 151% under Clueless Joe. And home prices are up 33.2% under Biden. So much for affordable housing for those renting.

Like the great Shoeles Joe Jackson on ChiSox and Cleveland Indian fame, Clueless Joe Biden cheated too. Except that Shoeless Joe was accused of accepting $5,000 to throw the World Series in 1919. Clueless Joe Biden and family are accused of accepting over $24 million from China, Ukraine, etc.

Shoeless Joe Jackson

Clueless Joe Biden.

(Excerpt) Read more at ...

TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; housing; inflation; mortgage

1 posted on 12/08/2023 11:19:11 AM PST by Kaiser8408a
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To: Kaiser8408a

I don’t know how many people can qualify for these overpriced automobiles and trucks (especially) these days.

Let alone a new house 🏡.

Joe Biden is an economic disaster.

A foreign policy disaster.

A domestic security disaster (borders, for example)

2 posted on 12/08/2023 12:15:39 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Kaiser8408a

I wonder how many people even know what “house latitudes” is a reference to.

Some Doors fans might get it.

3 posted on 12/08/2023 12:32:21 PM PST by Boogieman
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To: Boogieman

I don’t get it. Horse latitudes is a geographic term, so maybe House latitudes was inspired by Horse latitudes?

4 posted on 12/08/2023 3:22:48 PM PST by Dilbert San Diego
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To: Kaiser8408a

Um, Anthony

Biden isn’t running the US into the ground.

He can’t think.

Instead, Obama is trying not to dissappoint George Soros a second time.

All the while, Dr. Jill is going commando in stockings, stillettos and black leather mini skirts (She was strutting on TV so...) entertaining top men in positions of power as she keeps her walking corpse annimated for la familia.

That woman is f’d in the head.

What are you most proud of Jill? ...or should I ask the hamster.

5 posted on 12/08/2023 6:21:57 PM PST by WeaslesRippedMyFlesh (Wake me up when somebody tells the truth.)
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To: Dilbert San Diego

Yes, it’s refence to the “horse latitudes”. I guess the author is trying to say the housing market is stuck in the doldrums.

6 posted on 12/11/2023 7:30:20 AM PST by Boogieman
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