Mortgage rates back to 7%.
Meaning that the cost to buy a house in America is now approaching $2,700/month when including mortgage, tax, insurance, and maintenance.
Meanwhile, cost to rent is $1,850.
Biggest gap we've ever seen. Something has to break.
Sri Lanka tells foreign investors it plans to default on its debt from 5pm local time today (April 12) as it tries to conserve what's left in FX reserves to buy oil and agricultural commodities | #OOTT https://t.co/BxbKo8CwHm
Russia’s deputy defense minister says Moscow has decided to “fundamentally cut back military activity in the direction of Kyiv and Chernigiv” in order to “increase mutual trust for future negotiations to agree and sign a peace deal with Ukraine.”