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Why would consumer spending be affected by mortgage rates? Isn’t housing considered an investment item, not...

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Economics

Why would consumer spending be affected by mortgage rates? Isn’thousing considered an investment item, not a consumption item?

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The most immediate effect on shoppers is frequently the adjustment in ways of managing money that is related to increments or diminishes in the loan fee The main inquiry numerous shoppers face when financing costs change is do I spend or spare Premium exists in any case to permit borrowers to go through cash    See Answer
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10.289113343 0.280113 22.04766298 8.00214E-06 108 1.389989243 0.013113 107 1.679102587 Residual Total er pso% er 55%...