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Originally Posted by Normal
The economy is hitting a tough spot for the Villages and the country. 55% of home purchases here are financed. The economy influences buying here and everywhere.
Credit card delinquency rates are at an all time high as reported by the Fed this week. Interest rates are starting to surge. Buckle up if you thought the inflation machine was tamed. Reports show there may be one, yes one rate cut in 2024.
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With inflation being an issue would that not indicate a higher interest rate ?, home sales slowing , possible stagflation ?