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Overheated housing market’s recent casualty — mortgage companies. But wider impact looms.

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Overheated housing market’s recent casualty — mortgage companies. But wider impact looms.

We live in interesting times, for sure. When the inflation number comes in at 8.5 percent higher than last year, and the highest since 1981, we sit back and say — that was expected. But what may not be expected is the ripple effect on the economy.