Why U.S. Housing Bulls Need to Be Careful

The video discusses the decline in mortgage applications at Wells Fargo and JP Morgan Chase, highlighting a significant drop in mortgage originations. This trend has been ongoing for several quarters, impacting stock investors and regional banks, which focus on lending. The video also warns about the downward trend in the housing market, affecting home builders and advising caution for investors looking to buy dips.

What percentage of mortgage applications at Wells Fargo has decreased?

What warning sign is indicated by the mortgage originations at JP Morgan Chase?

What has been the trend in total US mortgage originations over the past several quarters?

How do regional banks differ from money center banks in terms of their focus?

What should stock investors be cautious about according to the data from JP Morgan and Wells Fargo?