Mortgage Rates Are Closing In On 7%, Signaling Risk Of House Price Declines - 1breakingnews.com

1BN-General 2022-10-05

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For much of last year you could get a 30-year mortgage at around a 3% rate. Now mortgage costs are closing in on 7%. That's a dramatic change in the affordability of U.S. housing in a short space of time. Recent data on house prices is showing some of ...

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