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Softening Job Market and Falling Mortgage Rates
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America's Affordable Housing Crisis
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The job market in the US is softening as unemployment claims and initial claims rise, indicating a weakening job market. Mortgage rates have fallen for the third consecutive week, bringing relief to homebuyers. Homebuilder confidence has also dropped for the fourth month in a row, but there are signs of improvement in the housing market.
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How are consumers adapting to the weakening job market?
What factors are contributing to the rise in unemployment claims?
What impact could the falling mortgage rates have on the housing market?
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