As they have in previous budget disputes, Vice President Biden and top Senate Republican leader Mitch McConnell are working on a last-minute fiscal cliff deal.
McConnell and Biden “continued their discussion late into the evening (Sunday) and will continue to work toward a solution,” said McConnell spokesman Don Stewart, pledging “more information as it becomes available.
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While the real estate market has lots of challenges during the COVID-19 pandemic, a tsunami of houses being sold by Airbnb hosts who can’t pay their mortgages isn’t one of them. HW+ Premium Content
This week, the “V-shaped” recovery in purchase applications is mimicked by the inverted “V-shaped” recovery of the St. Louis Stress Index. According to HousingWire Columnist Logan Mohtashami, this signals a return to a much more calm financial market.