War in Ukraine spurred an investor flight to quality, which pushed U.S. Treasury yields lower. Mortgage rates declined for the first time in three months.
March 10, 2022
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War in Ukraine spurred an investor flight to quality, which pushed U.S. Treasury yields lower. Mortgage rates declined for the first time in three months.
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The vast majority (71%) of the $8.2 trillion in housing wealth generated between 2010 and 2020 belonged to high-income households, while $296 billion or 4%, was from low-income households.
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