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HUD Secretary Turner on Bringing Down Housing Costs

Source: Bloomberg

Housing & Real EstateInterest Rates & YieldsRegulation & LegislationFiscal Policy & Budget

HUD Secretary Scott Turner said the administration is pursuing deregulation to lower housing and mortgage costs as rising bond yields push borrowing rates higher. The discussion highlights persistent affordability pressure in the housing market, although no specific policy measures, timing, or projected cost reductions were provided.

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