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Is US housing headed for a U-turn?

Is US housing headed for a U-turn?

A year ago, Americans could get 2.9% 30-year fixed mortgages; they’re currently at 5.1%. That has the market betting that housing will cool off dramatically.

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Forex Live

https://www.forexlive.com/news/is-us-housing-headed-for-a-u-turn-heres-what-homebuilders-have-to-say-20220429/