It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
Tag: real estate
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MORTGAGE RATES CLIMBING: REAL ESTATE COLLAPSE COMING?
The interest rate on a home mortgage loan has risen to its highest since mid-December, stalling progress on reviving the housing market.
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SPOTLIGHT: REAL ESTATE’S TAILSPIN
About $175 billion of real estate debt is classified as “distressed,” meaning there is a growing likelihood of it not being repaid, according to data compiled by Bloomberg.