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Taking Stock Of Climbing Home Rates.

Authors :
RENNISON, JOE
BERNARD, TARA SIEGEL
Source :
New York Times. 11/4/2022, Vol. 172 Issue 59597, pB1-B4. 2p.
Publication Year :
2022

Abstract

The article reports on the challenges facing American families wanting to own a home in the U.S. due to rapid increase of mortgage rates that make homeownership tougher. Also cited are the Federal Reserve's (Fed) move to increase interest rates rapidly to address high inflation, and the claim by Brean Capital analyst Scott Buchta that the effects of market volatility and increases were passed on to consumers.

Subjects

Subjects :
*STOCK prices

Details

Language :
English
ISSN :
03624331
Volume :
172
Issue :
59597
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
160033601