Breaking: For the first time, $1 million dollar mortgages will be backed by the U.S. government
Scheduled increase in loan limits reflects rise in home prices and stokes debate over Washington’s role in home lending
Housing is one of the most weighted categories when tracking inflation, but it is also one of the most complicated to measure. WSJ’s David Harrison explains how the shelter index is calculated, and why it can muddy the inflation outlook for the Fed.
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