What I’m Reading Today – Mortgage Apps Drop, Gas Worries

From Instapundit:

UH OH: WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices. “US diplomat convinced by Saudi expert that reserves of world’s biggest oil exporter have been overstated by nearly 40%.

Time to ride the bicycle more.

Calculated Risk:

MBA: Mortgage Applications Decrease as Rates Jump

No kidding. Rates rise & buyers get more pinched.

Web intelligence and the dispersion of public thought

Housing Bubbles Are Few and Far Between

It’s not so comforting now, but when we have hindsight …

27% of Homeowners in the US are Underwater?

Of course, if we’re basing things on inaccurate Zestimates ….

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