US mortgages highest since 2008, Florida home sales dropping
For the third time in 2022,
Federal Reserve Chairman Jerome Powell announced a 0.75 interest rate hike from
the U.S. Central Bank, Wednesday. The real estate organization reported that as
single-family home sales lowered and mortgage rates increased, the number of
houses being sold in Florida fell. The markets with the biggest portions of
single-family homes…
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