US Federal Reserve Imposes New Restrictions on Mortgage Activity =============== #3cba1515 ver:0.13 The US Federal Reserve is imposing new restrictions on mortgage activity to prevent another financial crisis. The housing market is facing challenges with declining sales, rising mortgage rates, and limited inventory. Plunging home sales are impacting consumer spending, leading to bankruptcies and falling furniture prices. The housing shortage is causing inflation and economic growth concerns. The US housing market slowdown is negatively impacting consumer spending and the overall economy. The chronic shortage of homes is hindering immigration-fueled growth in countries like Canada, Australia, and the UK. The housing crisis calls for government support and policies to address the affordability issue. The key to lowering housing costs is to build more homes. The post-pandemic housing slump is expected to continue due to high mortgage rates and low supply. #housingmarket #mortgage #economy #inflation #consumer #immigration #affordability #homebuilding #shortage... #newstr #UsFederalReserve #MortgageActivity #HousingMarket #EconomicImpact https://here.news/story/3cba1515?ver=0.13