Word: pryde
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Dates: during 1980-1989
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Some key interest rates have started moving up in recent weeks (see chart). The level of three-month Treasury bills has climbed from 8.2% to more than 9% since May. The average cost of a home mortgage has risen from 12.6% to 13.3% over the same period. Asserts Harry Pryde, president of the National Association of Home Builders: "The housing-led recovery is in imminent danger of collapsing...