<p>The <a href="https://www.dailywire.com/topic/housing">housing market</a> is poised for its “most significant contraction” since 2006 as declining purchase activity makes “some relief” in <a href="http://dailywire.com/topic/inflation">prices</a> possible, according to top <a href="http://dailywire.com/topic/economy">economists</a> from government-backed mortgage company Freddie Mac.</p>
<p>Sharing <a href="https://twitter.com/lenkiefer/status/1534866789582217217">data</a> from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, Freddie Mac Deputy Chief Economist Len Kiefer observed that mortgage applications had declined 40% from their seasonally adjusted peak. “The U.S. housing market is at the beginning stages of the most significant contraction in activity since 2006,” he argued. “Mortgage applications are pointing to a large decline over summer.”</p>

‘Some Relief’ Possible For Home Buyers As Housing Market Poised For ‘Most Significant Contraction’ Since 2006

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Ep. 1275 - Dumb, Dumber and Progressive

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U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
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Ep. 2737
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Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

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‘Some Relief’ Possible For Home Buyers As Housing Market Poised For ‘Most Significant Contraction’ Since 2006