The interest rate for the most popular U.S. home loan jumped last week to 6.73%, its highest since July, adding to headwinds for the housing market even as the Federal Reserve looks set to further ...
Under this scheme, mortgagerates were capped at 8%, fuelling a boom in the property market. However, the surge in house sales resulted in a spike in inflation, which hit 9.1% in July. The ...
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