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A Debt Ceiling Accord Is Reached. Housing Is Saved?

The MSM is now trumpeting the news that a bipartisan accord has been reached on the debt ceiling.  Well maybe, but the devil is in the details.  There’s been worries that if an accord isn’t reached, interest rates will go up and housing will be hurt.  Debt ceiling or no, housing is going to be hurting for a while.  We need a recovery in the broader economy before anything can “save” housing.

Published inBlog PostsFinancePoliticsU.S. Markets