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Slowdown! US 30Y Mortgage Rate Declines To 5.28% Despite Fed Rate Hikes (Global Recession Alert!)

After breaking the 6% barrier back in June 2022, Bankrate’s 30-year mortgage rate has backed-off to 5.28% despite Federal Reserve rate hikes. The reason for the decline in the US Treasury 10-…

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Housing Correction Is ‘Dead Ahead,’ Warns Moody’s Chief Economist Mark Zandi

He also predicts a ‘more significant pullback’ if this one thing happens.

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