carley: we are back with your headlines, poorlgd residents with disabilities are suing the city other tense blocking sidewalks. accused portland of violating the americans with disabilities act requiring accessible sidewalks. they are calling for all paths to be cleared and demand emergency shelters for the displaced. mortgage rates soaring to their highest level in 14 years now at 5.89 % enforcement the spike is pushing more home buyers market and raising average monthly payments for a median priced home 60% from just one year ago. mortgage rates at 2.86% a year ago. and the higher borrowing costs have sunk home sale volumes. twitter has taken down this controversial tweet from a critical race theory professor after word got out about queen elizabeth s failing health. the professor writing i heard the chief monarch seething
august. not only that, if you look at the number of announced job cuts this year, it s the lowest point for this time of year at any time since at least 1993. none of this is to dismiss these recession concerns. there are real risks out there. the federal reserve is trying really hard to slow down this jobs market and you have to think eventually they will succeed. but so far things are healthy. every time you re here we like to get an update on the housing market. mortgage rates are up. a year ago you could have gotten a 30-year loan for just under 3%. the late zst is 5.7%. the more the costs are, the more your monthly payments. home prices have skyrocketed. all this is setting off shockwaves in the housing market. we have seen home sale activity fall sharply. and home prices start to cool
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