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A 30-Year Trap: The Problem With America’s Weird Mortgages

One big reason the U.S. housing market is broken: Owners don’t want to give up their cushy old loans.

Ben Casselman
Author: Ben Casselman

Written by

Ben Casselman

in

Federal Reserve System, Inflation (Economics), Interest Rates, Mortgages, Prices (Fares, Fees and Rates), Real Estate and Housing (Residential), United States Economy
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