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The housing market is cooling again. Here's why.

A sluggish housing market for most of last year began to heat up as the calendar turned to 2024. A surge in mortgage rates accounts for the slowdown in the housing market, experts told ABC News, pointing to elevated home prices pushed out of reach for most consumers when combined with high borrowing costs. The jump in mortgage rates is due to stubbornly high inflation that has delayed interest rate cuts at the Federal Reserve, experts said. ....

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The housing market is cooling again. Here's why

The average 30-year fixed mortgage rate is 6.9%. ....

Susan Wachter , Lu Liu , Wharton School , University Of Pennsylvania Wharton School Business , University Of Pennsylvania , Mortgage Bankers Association On , Bureau Of Labor Statistics , Federal Reserve , Freddie Mac , Mortgage Bankers Association , Labor Statistics ,

Why the housing market is cooling off

The average 30-year fixed mortgage rate is 6.9%. ....

Lu Liu , Susan Wachter , University Of Pennsylvania Wharton School Business , Mortgage Bankers Association On , University Of Pennsylvania , Wharton School , Bureau Of Labor Statistics , Federal Reserve , Freddie Mac , Mortgage Bankers Association , Labor Statistics ,

Business - HITS FM

Business - HITS FM
hitsfm.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hitsfm.net Daily Mail and Mail on Sunday newspapers.

Lu Liu , Susan Wachter , Thomas Northcut Getty , Federal Reserve , University Of Pennsylvania Wharton School Business , Bureau Of Labor Statistics , Mortgage Bankers Association On , University Of Pennsylvania , Wharton School , Freddie Mac , Mortgage Bankers Association , Labor Statistics ,

The housing market is cooling again. Here's why.

The housing market is cooling again. Here's why.
go.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from go.com Daily Mail and Mail on Sunday newspapers.

Susan Wachter , Lu Liu , Wharton School , University Of Pennsylvania Wharton School Business , Bureau Of Labor Statistics , Federal Reserve , University Of Pennsylvania , Mortgage Bankers Association On , Freddie Mac , Mortgage Bankers Association , Labor Statistics ,