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The Housing Market Just Sent A MAJOR WARNING...
New home sales just shocked Wall Street.Today the Census Bureau releases May new home sales -- and the trend heading into that number is already down 11.3% year-over-year. But nobody is connecting that data to Bank of America's call for three Fed rate hikes by December -- which could push 30-year mortgages back toward 8%. By the end of this video you will understand exactly what three hikes does to the housing math -- and why the largest store of wealth for most American families has not finished repricing.In this episode of Wall Street Truth Bombs, we break down:✅ The housing market's…
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