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Economic Pressure Points, Real Estate Magnate Don Peebles, and Consumer Credit Risk 9/26/23

The Exchange

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Impact of Higher Mortgage Rates on Home Builders and Housing Market

This chapter discusses the impact of higher mortgage rates on home builders and the housing market. It highlights the drop in sales as buyers no longer qualify for loans at higher rates. The chapter also covers the challenges faced by builders due to increased costs for labor and materials.

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