FHA Is Breaking First… And The Data Confirms It

Описание: Read my Substack for what I can’t say here: jonbrooks.substack.com

FHA Is Breaking First… And The Data Confirms It
In this video, I’m joined by John Comiskey, one of the few analysts actually tracking loan-level FHA data, not headlines or vibes. What he’s seeing is exactly what agents and buyers on the ground are starting to feel:

👉 Thousands of FHA loans are already underwater
👉 Concentrated new-build neighborhoods are losing value
👉 3.5% down buyers have no margin for error
👉 Loss mitigation programs quietly ended and stress is surfacing fast

This isn’t a crash call, this is how housing stress actually begins.

FHA borrowers are always the canary in the coal mine and the data now shows they’re the first ones trapped as prices flatten or fall, payments rise, and affordability collapses.

If you’re a buyer, seller, agent, or investor trying to understand what phase of the housing cycle we’re actually in, this is required watching.

#realestate #fhamortgage

**Disclaimer**: This video reflects my personal opinions based on my experience and research. It should not be taken as financial, legal, or real estate advice. Always do your own due diligence and consult qualified professionals before making decisions.