Daily News | Online News Mortgage rates briefly surged to a 20-year high last week, and as more prospective buyers are priced out of home purchases, economists warn that the housing market may be headed full speed ahead toward a recession. While a sudden slowdown could cause price drops of 10% to 15% nationally, strong employment gains and equity cushions…
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20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why
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