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Consumers Defy Economists’ Optimism

By Michael Bright If you listen to economists, the financial condition of Americans is strong. The Federal Reserve board has paused in raising interest rates, they note, and price inflation has slowed. The dreaded recession...

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Mortgage Rates: A Primer

By Michael Bright Mortgage rates are north of 7 percent for a 30-year fixed loan, the highest mortgage rates since 2004. That is a psychological fact in addition to being a financial data point. For 20...

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