recession

Mortgage rates fall as recession fears rattle housing market: Freddie Mac

Mortgage rates declined this week, continuing a volatile streak as the market digests the onset of an economic recession that will have implications for the US housing sector. A 30-year fixed-rate mortgage averaged 5.30% through Thursday, according to the latest data from Freddie Mac. The rate dipped from the previous week, when it sat at …

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Mortgage rates fall as recession fears rattle housing market: Freddie Mac

Mortgage rates declined this week, continuing a volatile streak as the market digests the onset of an economic recession that will have implications for the US housing sector. A 30-year fixed-rate mortgage averaged 5.30% through Thursday, according to the latest data from Freddie Mac. The rate dipped from the previous week, when it sat at …

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Economist Nouriel Roubini calls predictions for shallow recession ‘delusional’

Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, believes the US is heading towards a deep recession and said those claiming the downturn will be mild are “delusional.” “There are many reasons why we are going to have a severe recession and a severe debt and financial crisis,” Roubini said on Bloomberg TV …

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Economist Nouriel Roubini calls predictions for shallow recession ‘delusional’

Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, believes the US is heading towards a deep recession and said those claiming the downturn will be mild are “delusional.” “There are many reasons why we are going to have a severe recession and a severe debt and financial crisis,” Roubini said on Bloomberg TV …

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A weird economy that may (or may not) become a recession

The US economy is throttled by inflation, volatile markets and weaker activity, all suggesting growth is softening but hasn’t fallen off of a cliff — yet. Why it matters: That same weirdness has opened a gulf between what official data reflects and the perception of everyday consumers — relatively flush with cash but ravaged by …

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