The Biggest Mortgage Collapse in U.S. History just got worse [5KKYXoaFPcS]
The U.S. housing market is showing fresh signs of weakness as mortgage demand plunges following Memorial Day. New data reported by CNBC shows refinance applications dropping 18% while purchase applications also declined, suggesting that buyer demand remains near some of the weakest levels on record. Meanwhile, new reporting from the Wall Street Journal, Bloomberg, JP Morgan, Zillow, and Reventure indicates that home price growth continues to slow across many parts of America. Markets like Seattle are now experiencing outright price declines, while inventory continues to surge throughout much of the Sun Belt. In this video, I break down the latest mortgage application data, pending home sales, inventory trends, home affordability, and why the housing market has become increasingly split between markets that are correcting and markets that continue to see price growth. I also discuss JP Morgan's latest housing analysis, the growing divide between homeowners with 3% mortgages versus 6-7% mortgages, rising property taxes, Trump's comments on home prices, and why housing corrections are now occurring across multiple countries including the United States, Canada, the United Kingdom, and New Zealand. The biggest challenge facing the housing market remains affordability. Home prices relative to incomes are still near the highest levels ever recorded, keeping buyer demand historically weak and forcing more sellers to adjust their expectations heading into the second half of 2026. 🔍 Analyze Any Listing With Reventure's Listing Analyzer: 📊 Join Reventure Premium: 📈 Explore Reventure Housing Market Data: #HousingMarket #RealEstate #MortgageRates #HomePrices #HousingCrash #HousingCorrection #Zillow #Bloomberg #WSJ #MortgageApplications #Reventure 💡 Join 1,000,000+ users using Reventure App to find undervalued markets, avoid housing bubbles, and plan their next move. 📊 Explore Reventure App web → 📱 Download the iOS App: 📱 Download the Android App: --- Get priority during livestream chats by signing up as a Channel Member: DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting, Reventure App, or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel, along with Reventure App's data, and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting or Reventure App does not establish a formal business relationship.