The market asked for a soft landing and got a barrel of crude thrown through the window.
The market did not have a great day, unless you sell antacids.
Nasdaq officially hit correction territory. Mortgage rates jumped to 6.38%. Mortgage applications fell 10.5%. Asia picked up the same risk-off tone overnight. That is not just market color. That is a message to anyone underwriting deals, pitching capital, or trying to refinance in the next 90 days.
Today’s GRO Money News breaks down what matters: markets, rates, residential real estate, CRE stress points, crypto moving into housing finance, policy shifts, and where the smartest sales opportunity is hiding inside all this…
The skinny
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