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Podcast: BiggerPockets Daily
Episode: America's Credit Rating Downgraded—And Why It's Another Headwind For Housing
Description: In this episode, we dive into Moody’s decision to downgrade the United States’ credit rating from Aaa to Aa1—the final blow to America’s once-unanimous top-tier rating from all three major agencies. Host Matt Myre explains why this matters, detailing how sovereign credit ratings influence global confidence, borrowing costs, Treasury yields, mortgage rates, and even housing affordability.
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