It's almost impossible for first-time buyers to afford a home, top analyst says
It's virtually impossible for first-time buyers to afford a home today, says Mark Zandi of Moody's. The surge in house prices and mortgage rates...
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Defaults skyrocketed last year to the highest tally since the start of the pandemic - and 2024 is set to bring more pain to corporations
Non-financial corporate defaults almost tripled from 2022 to 2023, Moody's said. Analysts expect defaults to climb further in 2024. In the fourth...
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