France has a debt-to-GDP ratio problem at roughly 120%, and the EU isn’t happy about it. The EU has a bond-buying tool for countries whose bonds are collapsing, but France isn’t covered.

Like an expectant father with sympathy pains, bond markets around the world are feeling it too, with yields rising in sympathy.

The Cotality Home Price Index showed home values remaining relatively stable in August.

A CNBC/SurveyMonkey survey shows 87% of renters want to buy a home, and the biggest hurdle is affordability. I can say that from experience with my own kids in their mid-20s: rent is half or more of what it would cost to buy an equivalent home.

With higher interest rates, purchase volume is down 15% year over year, and refinances are down 56%.

We can get through this. Just remember, if the home you want is coming down in price, that helps offset the payment and lessens the blow of the higher interest rate.

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