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These housing markets to be hit hardest by Fed rate hike

Por: Newsweek Nation July 26, 2023

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The Federal Reserve will likely hike interest rates by another 25 basis points on Wednesday, adding further stress to housing markets that have been battling the hikes for more than a year.Wednesday's rate hike will be the 11th increase since March 2022 as the Federal Reserve attempts to curb inflation. Last month, the Federal Reserve paused its rate hikes but is expected to resume the pattern on Wednesday. After the upcoming hike, the key... + full article



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