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Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.)

Mila Adams moved to Utah in May with her husband and toddler son to be closer to family, but they didn’t expect to be living with her husband’s parents nearly […]




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US Mortgage Rates Soar Past 7% for the First Time Since 2002

The average rate on 30-year mortgages — the most popular kind among Americans — rose to the highest level since 2002, tracking the Federal Reserve’s aggressive campaign of rate increases. […]







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In Global Slowdown, China Holds Sway Over Countries’ Fates

BEIJING — When Suriname couldn’t make its debt payments, a Chinese state bank seized the money from one of the South American country’s accounts.As Pakistan has struggled to cope with […]







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U.K. Borrowers React to Soaring Interest Rates in Mortgage Market

LOUGHTON, England — After nearly two decades of renting in one of the world’s most expensive cities, the Szostek family began the week almost certain that they would finally own […]




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Inflation Has Hit Tenants Hard. What About Their Landlords?

Geography also matters. Even among the largest landlords, those with a presence in Sun Belt cities such as Miami, Tampa, Nashville and Phoenix saw far faster rent growth than high-cost […]




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Central Banks Raise Interest Rates, Fearing Worse Pain Later

A day after the Federal Reserve lifted interest rates sharply and signaled more to come, central banks across Asia and Europe followed suit on Thursday, waging their own campaigns to […]




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Mortgage Rates Jump Above 6% for First Time Since 2008

Mortgage rates climbed above 6 percent this week, their highest point since late 2008 and more than double their level a year ago, further squeezing the budgets of would-be home […]