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Charles Payne: This Is The Most Unaffordable Housing Market In History
2 months ago
538
"What happened is because the fed went on this aggressive rate hiking cycle. They created this really crazy thing where most people have a mortgage have about a 2 1/2 - 3% mortgage. Mortgages went to 7% ....The housing market is stuck... This is the most unaffordable housing market in history."
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