News for hackers. Stuff that matters.
Re:Wells Fargo to pay $3.7B settling charges it wrongfully s... by __derek__ on Tuesday December 20, 2022 @04:31PM (#34072885)
> an inflated mortgage entering at the peak of the housing market

We are well past the peak of the housing market.

Re:Wells Fargo to pay $3.7B settling charges it wrongfully s... by pcorsaro on Tuesday December 20, 2022 @04:45PM (#34073084)
Houses aren't selling in hours anymore, sure. A ton in my area are sitting for days, but prices haven't come down all that much.
Re:Wells Fargo to pay $3.7B settling charges it wrongfully s... by __derek__ on Tuesday December 20, 2022 @05:06PM (#34073370)
Median days on market is up, sale-to-list is back below 100%, price drops are a thing again, etc. Come spring, we should see the first normal housing market since before the pandemic.