“Mortgage rates continue their upward trajectory as the Federal Reserve signals a more aggressive stance on monetary policy, overall, consumers are spending in sectors that are not interest rate-sensitive, such as travel and dining out. However, rate-sensitive sectors, such as housing, continue to be adversely affected. As a result, would-be homebuyers continue to face the compounding challenges of affordability and low inventory.
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"Freddie Mac Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 2 Nov. 2024. <https://www.quotes.net/citizen-quote/480525>.
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