Tag Archives: Debt Ceiling

Along with a lack of inventory in the nation’s housing supply, Freddie Mac reports the 30-year fixed-rate mortgage continues to edge toward the 7% mark, further dampening the spring homebuying season.

Freddie Mac reports a week-over-week rise of 18-basis points in mortgage rates, further contributing to a sluggish and slow spring season for the national housing market.

Secretary of the Treasury Steve Mnuchin fears that if the debt ceiling isn't raised, the Treasury Department will be unable to borrow the money it needs to aid Hurricane Harvey affected areas in Texas and Louisiana.

[ca_audio url_mp3='http://blogtalk.vo.llnwd.net/o23/show/5/568/show_5568443.mp3' css_class='codeart-google-mp3-player' autoplay='false' download='false' html5='false']Debt ceiling rhetoric from both sides has blurred the reality that the US Government continues to spend more money than it takes in. ...