The Lede

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El-Erian: Fed Will Have to Go Through With Another Rate Hike Next Month or Risk Appearing Politically Influenced
CNBC, Nov. 27, 2018--Berkeley Lovelace Jr. The Federal Reserve next month will be forced to hike interest rates for a fourth time in 2018 or risk being seen as politically coerced, economist Mohamed El-Erian told CNBC on Tuesday.
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Why the Housing Slowdown Won’t Become a Housing Crash
Yahoo.com, Nov. 27, 2018--Melody Hahm"The notable deceleration in median home price growth, 3.8% in October compared to roughly 6% in 2017, is a positive sign, as it indicates that home prices are rising at a more sustainable pace," according to Mortgage Bankers Association Chief Economist Mike Fratantoni.
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Real Estate, Title Agents Embrace Fintech, But Lose Faith in Homebuyers
National Mortgage News, Nov. 27, 2018--Elina Tarkazikis (subscription)As the mortgage industry points to the lagging technology efforts of other housing market segments as a pain point in streamlining the process, fintech adoption among real estate and title agents is accelerating, though their optimism on the housing market tanked this fourth quarter, according to First American Financial Corp.'s Real Estate Sentiment Index.
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Homeownership for Older Millennials Quickly Becomes a Thing
HousingWire, Nov. 27, 2018--Jacob GaffneyIt appears Millennials are growing older and wiser, and the eldest in the generation are buying homes more and more, as the younger ones continue to push up demand for rentals.
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Another Warning Sign That the U.S. Economy Will Slow Next Year
Bloomberg, Nov. 27, 2018--Sho Chandra, Liz McCormickJuiced by President Donald Trump's tax cuts, business investment helped deliver a robust U.S. economy in the first half of 2018, but signs have multiplied that the growth driver is faltering.
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Prudential Making a Big Bet on Lower-Income Housing
Wall Street Journal, Nov. 27, 2018--Peter Grant (subscription)A venture led by Prudential Financial Inc. is spending nearly $600 million for 4,000 housing units aimed at lower-income workers, the latest sign that investors see bigger gains in lower-rent apartments than in the upscale ones that have led the recovery.
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