GoKawiil
Tech News
ResiClub's latest analysis finds 54 major housing markets across the U.S. still showing year-over-year home price drops, though that count has fallen from a year earlier. The report questions whether a recent rise in mortgage rates could halt or reverse this cooling trend.
Bitcoin has surged to price levels not seen since January, extending a recent recovery across cryptocurrency markets after a difficult 2026. The rally follows months of subdued prices and comes alongside broader moves in interest rates and Treasury yields.
The Federal Open Market Committee voted unanimously to raise interest rates by a quarter point, marking the Fed's first increase since July 2023 and pushing its benchmark rate to a range of 3.75 to 4 percent. Chair Kevin Warsh cited persistently high inflation as the reason for the move. The change will ripple differently across consumer debt, from mortgages to car loans to credit cards.
A new survey shows roughly one in four homeowners are voluntarily paying extra toward their mortgage principal each month, aiming to shorten their loan term and reduce total interest paid. The trend comes even as broader housing affordability pressures make it harder for many other borrowers to set aside any extra cash.
A new analysis revisits the 2006-2007 subprime mortgage crisis, showing how millions of borrowers held two-year adjustable-rate mortgages with teaser rates that were contractually set to reset 30-50% higher. Credit Suisse and the IMF had already charted this trillion-dollar 'reset wall' months before the crisis hit, yet markets kept buying because everyone assumed they could exit in time. The piece uses this history as a lens to question whether today's AI investment boom is similarly built on temporary, favorable conditions that are due to expire.