Fed's Latest Victim: US Mortgage Rates Hit 20-Year High

Aug 24th 2023 4:12pm EDT

Real estate is a major driver of the US economy, accounting for 17% of its gross domestic product (GDP). Private home ownership has long served as the gateway to the middle class for working Americans, leading to the proliferation of suburban sprawls outside cities. But in the 21st century, new attention has come to urban […]

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