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The recent spike in mortgage rates is cooling the housing market, with fewer applications as buyers face tougher affordability challenges in an already expensive market.
Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. Mortgage rates are climbing again, and the housing market is feeling the pressure. With the average 30-year fixed rate now at a two-month high, homebuyers are facing another affordability squeeze. This latest jump comes…
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