The math on a house just stopped working. Banks are taking back more homes. Yes the Fed is too tight.

Every tenth of a point is real money. On a $360,000 loan, 7.40% is about $2,493 a month P&I and 7.50% is about $2,517. Buyers are shopping the payment, not the price.
— Gene Darden (@SellnRealEstate)
[October 19, 2026]
Yes the Fed is too ti
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