Shutdown's damage to housing is mounting, economists say

10/10/2013 | National Public Radio

So far the U.S. government shutdown hasn't done much to stall the housing market, but that could change as time goes on, economists say. Closing mortgages is becoming more complicated without certain federal agencies operating, and lenders are relying more on their own capital to make loans, they say. In addition, interest rates could rise as a debt default seems like more of a possibility.

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