Seems like every economics shop on the Street is talking about real estate's "comeback." Cases in point... "A hot job market, robust income growth, rollicking population increases, a tight rental market, some clarity on the rate front—all roads point to revival" in the housing market, wrote BMO Economics this

The unlikely event of a U.S. debt default could lead to double-digit U.S. inflation, unemployment and GDP losses, and interest rates rising "into perpetuity," Treasury Secretary Yellen warned this week. In essence, an "economic catastrophe." That not-so-pleasant thought is why American lawmakers almost certainly won't let it happen.

Mortgage Professionals Canada (MPC) shared its latest mortgage consumer survey today. Here were nine of its most interesting findings (our take in italics).