Here's a look at the 30-year Jumbo mortgage trend from bankrate.com. And now you know why the sh*t is really hitting the fan now.

And that's the rate for the 50% of people who can still get a loan in the first place...

Remember folks, our incompetent and reckless Fed doesn't control mortgage rates when they lower the discount rate.

When foreign investors lose confidence in our currency, interest rates are going to soar even higher.

Lending criteria tightened. Buyer pool down. Inventory up. Interest rates up. Home prices down. Sheeple slaughtered. And we go right back where we started from (and lower).

It hath been foretold.