Housing market could be thrown into disarray

대한민국 뉴스 뉴스

Housing market could be thrown into disarray
대한민국 최근 뉴스,대한민국 헤드 라인

Interest rate hikes triggered by a U.S. default 'would literally crush the housing market in the U.S.,' former FHA commissioner David Stevens told Newsweek.

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 52%

over the decision to raise the government's borrowing cap before the country runs out of money to pay its bills—something that could happen as early as June 1.

This stock image shows a man balancing a house on top of a teetering tower of bricks to represent the housing market. A debt default could be disastrous for the U.S. housing market, economists warn.David Stevens, the former CEO of the Mortgage Bankers Association and a former Federal Housing Administration commissioner during the Obama administration, toldTucker's report estimates that existing home sales volume would fall from a seasonally adjusted annual rate of 4.3 million in April to 3.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

Newsweek /  🏆 468. in KR
 

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Bank of England hikes interest rates for 12th time in battle with inflation | CNN BusinessBank of England hikes interest rates for 12th time in battle with inflation | CNN BusinessThe Bank of England raised interest rates by a quarter of a percentage point Thursday, hiking the cost of borrowing for the twelfth consecutive time as it battles inflation above 10%
더 많은 것을 읽으십시오 »



Render Time: 2025-01-13 21:54:58