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The dour outlook on the U.S. economy is shifting, but one area where many Americans continue to struggle is the cost of housing. High home prices and mortgage interest rates ....
The dour outlook on the U.S. economy is shifting, but one area where many Americans continue to struggle is the cost of housing. High home prices and mortgage interest rates ....
One, people with mortgages outstanding locked in below 4%, 5%, 80% below 4%. locked in 30 years. other folks? go to buy a house, feeling that effect. that slowed down dramatically and why home builders and others intended outcome. what happens, seeing inflation slow down and rate of growth of inflation slow down. you see rates come back down to more the target wand adjust. take two years. two years of pain? slower activity. rental size is key. rents increased and seeing rents having increased and already starting to decrease in some towns, cities around the country. that s where you have to be more concerned because half the people in america pay rent. don t own a home. where it s still ahead of us. millions have a lot of outstanding credit card debt. can you help us understand why credit card interest rates are at a record high now? i understand the fed s raising rates, but the fed funds target rate compared to apr seems ....