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As housing cools, mortgage loan size falls

Por: Fox Business Business June 23, 2022

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Redfin CEO Glenn Kelman provides insight into how inflation is deeply impacting the housing market and why he laid off 8% of workers in his company. The average loan amount for a home mortgage in the U.S. is down markedly from the high in mid-March, indicating that as interest rates rise. A For Sale sign in Crockett, California, US, on Tuesday, June 14, 2022. The number of home sellers lowering prices has reached the highest level since October... + full article



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