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Property News for 15 June 2022
Here's what the Federal Reserve's 0.75 percentage point rate hike -- the highest in 28 years -- means for you
CNBC - 15 Jun 2022 20:46
The Fed announced its highest rate hike in 28 years to fight inflation. Here's how that impacts your credit card, mortgage, car loan, student debt and savings.
Homebuilder sentiment drops to lowest level in two years as housing demand slows
CNBC - 15 Jun 2022 16:00
Builder sentiment is getting hit by higher interest rates, which are causing a slowdown in housing demand.
Mortgage demand is now roughly half of what it was a year ago, as interest rates move even higher
CNBC - 15 Jun 2022 13:00
Sharply rising interest rates are decimating refinance volume, and those rates, along with sky-high home prices, are hitting demand from buyers.
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