HomeIndustriesHomebuilding & Real EstateNavigating Higher Credit & Housing Rates
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Navigating Higher Credit & Housing Rates

Navigating Higher Credit & Housing Rates

Greg McBride previews the first Fed meeting in 2025, where he doesn’t expect a rate cut. He looks at the economic impact of higher rates on the housing market, including double-digit rates on lines of home equity. He notes that capping credit card rates with the current high delinquency rates would only cut off access to consumers who need it.

Market On Close

24 Jan 2025

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