Homeowners slash spending as mortgage interest rates climb | News – Western Standard

“Elevated interest rates weigh on consumer finances and the impacts are more acute for homeowners who have variable-rate mortgages,” said … “Elevated interest rates weigh on consumer finances and the impacts are more acute for homeowners who have variable-rate mortgages,” said … See the entire article on Arizona’s unemployment, or, read more Arizona real estate investing news….

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Cooler hiring in June could help the Fed achieve an elusive ‘soft landing’ for US economy

And higher interest rates normally would be expected to spur job losses in construction and manufacturing. This time, the opposite has happened: … And higher interest rates normally would be expected to spur job losses in construction and manufacturing. This time, the opposite has happened: … See the entire article on Arizona’s unemployment, or, read more Arizona…

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