Cryptocurrency

Mortgage Rates, the Border, Bitcoin, Insurance – MishTalk

January 7, 2024

Mortgage applications are down even with falling rates, Senator Fetterman is concerned about the border, home insurance rates are headed up, and one person just went 100% on Bitcoin.

Home Buying Search Index

Homebuyer search interest on Google plummeted to its lowest levels in eight years in Dec 2023. 📉

Now down 50% from pandemic peak. And still dropping year-over-year.

Doesn’t seem like lower mortgage rates is moving the needle much for would-be homebuyers. ❌ pic.twitter.com/6gjYYtm5gJ

— Nick Gerli (@nickgerli1) January 3, 2024

Mortgage Rates

A fascinating dynamic. 30-year mortgage rates below 3.7% are of course very unusual, almost never seen over the last 55 years, except during some brief, recent periods. Something else (besides a return to those levels) will need to happen for the housing market to work again. https://t.co/QMgGXdxAAo

— David Sommers (@dgsommersmkts) January 6, 2024

Fetterman on the Border

Progressives are increasingly annoyed at Fetterman.

Social Media

Home Insurance Rate Hikes

Illinois Exodus

Will the SEC Reject the Bitcoin ETF again?

Crypto Tax Reporting

New crypto tax reporting obligations took effect on Jan 1.

If you receive $10k or more in crypto you now have an obligation to report the transaction (including names, addresses, SS numbers, etc.) to the IRS within 15 days under threat of a felony charge. pic.twitter.com/wyRsfJEpMo

— Jerry Brito (@jerrybrito) January 2, 2024

Cramer Alert!

This guy is one of the biggest contrarian indicators ever.

100% On Bitcoin!

I no longer own any US dollars. Not even a penny.

As an American millennial, I love our country but I oppose our money.

I’m all in on #Bitcoin. Setting my sails toward prosperity or going down with the ship.

I believe it’s important to take a stance now more than ever 🫡 pic.twitter.com/XhWPfQzG3d

— Jack Mallers (@jackmallers) January 2, 2024

Am I the only one who thinks this is crazy?

Subscribe to MishTalk Email Alerts.

Subscribers get an email alert of each post as they happen. Read the ones
you like and you can unsubscribe at any time.

Source link

RELATED ARTICLESMORE FROM AUTHOR

Phoenix and Wasabi exit US market amid self-custody wallet crackdown

Custodia Bank takes case to higher court after March setback

Liquid staking on BNB Smart Chain, millions stuck in DeFi bridge contracts: Finance Redefined

RELATED ARTICLES MORE FROM AUTHOR