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Consumer Frustration isn’t just reserved for the gas pump and the grocery store. Now you can add the housing market. According to Fannie Mae, the June Home Purchase Sentiment Index decreased 3.4 points to 64.8, its second-lowest reading in a decade.
Rates markets have discounted several more rate hikes by the Bank of England and European Central Bank.
Each of the commodity currency central banks are expected to hike rates by at least 50-bps at their next meetings.
/PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) remained relatively flat in May, decreasing by only 0.3 points but inching...
Bank of England rate hike odds are rising again, while rates markets are likewise more aggressive about the European Central Bank.