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AI vs. OI vs. JOHN OLIVER. 7% MORTGAGES
Are Mortgage Rates Just 7% Forever Now?
Home sales are very low. Mortgage rates have spiked back to 7%. New mortgage fees have eroded affordability for some. But the news isn't all bad.
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John Oliver on AI: the problem isn’t that it’s smart, it’s that it’s stupid in ways we can’t predict yet
John Oliver's weekly deep dive is on AI this week. Quite useful, funny, and definitely worth watching.
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Top 2 U.S. mortgage lenders, Rocket & United Wholesale, cut 9500 Detroit jobs in 2022
In 2022, Rocket went from 25k to 18.5k jobs and UWM went from 8k to 6k. Most jobs are in Detroit metro area.
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AI is over. Now it's OI. Get your head in the game. Literally.
OI, how the AI tables will turn when "biocomputers' (powered by human brain cells) come for robot jobs.
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Rents rose in 58% of U.S. counties from 2020-23, but now that rise is slowing
Barry Ritholtz looks at two different rent datasets to see how rent prices grew and are slowing.
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