Such is the inter-related nature of the housing and mortgage markets, that it’s inevitable that a pressure felt in one area will have consequences across multiple others.
I’m writing this the day before the inauguration of Joe Biden and Kamala Harris as President and Vice-President of the US.
PI, at the best of times, feels like a ‘crunching hit’ waiting to happen and especially at this juncture when firms are being ‘battered’.
‘up’, ‘down’, ‘crash’, ‘new high’ and everything in between.