Weekly Economic & Financial Commentary: Impact of Middle East Developments on Rates and Inflation
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<p>Summary United States: Higher Mortgage Rates Burn the Housing Market The recent run-up in mortgage rates is nudging the housing market back toward recession. Existing home sales in September sank to their slowest pace since 2010. Single-family building has been more resilient; however, builders are growing less confident in their ability to sustain sales. Next […]</p>
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