I need to talk about what’s happening with mortgage rates and why I think home prices could drop 30%. Rising rates mean refis are collapsing, and if prices fall, millions could lose their home equity—or worse, default on their mortgages. Here’s what I think is really going on and why the president is paying attention.

#HousingCrisis #MortgageRates #HomeEquity #RealEstate #Inflation #FinancialCrisis #Economy #short