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NY Fed Finds Big Slowdown in New Mortgage Creation in First Quarter
Reuters, May 15, 2023–Michael S. Derby
Amid a modest gain in overall household borrowing levels during the first quarter, the level of those taking on new housing-related debt dropped sharply, the New York Fed said Monday in a report.
https://www.reuters.com/markets/us/ny-fed-finds-big-slowdown-new-mortgage-creation-first-quarter-2023-05-15/