Cacklenomics! Buying Conditions For Houses Hits All-time Low (High Mortgage Rates + High Home Prices)

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by confoundedinterest17

Cacklenomics strikes again!

The University of Michigan consumer survey revealed that buying conditions for housing just hit an all-time low.

High house prices and high mortgage rates aren’t helping.

See also  Canada's household debt reaches 174.6% of gross income, making it more sensitive to interest rates than the U.S.

Purchase loan demand keeps dropping.


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