Fixed asset investment moved above the 10.2% YTD growth rate in November, rising 10.8% in the month. Private fixed asset investment growth was exactly the same on both counts.
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
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