The Washington Times

White House winner will have to deal with housing, European debt problems

The election is all about the economic recovery in the next presidential term: the broken housing market and the European debt crisis.

In this Thursday, Sept. 27, 2012, photo, a home for sale is shown in Miami Lakes, Fla.  Mortgage buyer Freddie Mac said on Thursday, Oct. 11, 2012, that the rate on the 30-year loan increased to 3.39 percent from 3.36 percent. The previous week's rate was the lowest since long-term mortgages began in the 1950s. (AP Photo/Alan Diaz)

In this Thursday, Sept. 27, 2012, photo, a home for sale is shown in Miami Lakes, Fla. Mortgage buyer Freddie Mac said on Thursday, Oct. 11, 2012, that the rate on the 30-year loan increased to 3.39 percent from 3.36 percent. The previous week's rate was the lowest since long-term mortgages began in the 1950s. (AP Photo/Alan Diaz)

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