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Current Housing Market Creates Nightmare Scenario for the American Dream - The Virginia Star

Summary
by Nicholas Ballasy   Rising interest rates and high home prices under former President Joe Biden have put the American dream of homeownership out of reach for many prospective buyers,  leaving President Donald Trump an early economic challenge. U.S. inflation went up 3% in January, which has dimmed hopes for an interest rate cut that could lower mortgage costs. Federal Reserve Chairman Jerome Powell has said the U.S. is still not yet where it n…

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The Pennsylvania Daily StarThe Pennsylvania Daily Star

Current Housing Market Creates Nightmare Scenario for the American Dream - The Pennsylvania Daily Star

Rising interest rates and high home prices under former President Joe Biden have put the American dream of homeownership out of reach for many prospective buyers,  leaving President Donald Trump an early economic challenge. U.S. inflation went up 3% in January, which has dimmed hopes for an interest rate cut that could lower mortgage costs. The post Current Housing Market Creates Nightmare Scenario for the American Dream appeared first on The Pe…

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The Pennsylvania Daily Star broke the news in on Monday, February 17, 2025.
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