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Highest Mortgage Rates in 3 Years Chills the Housing Market

Highest Mortgage Rates in 3 Years Chills the Housing Market
Key Points

The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.

The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.
the Housing Market (ORG) Americans (ORG)
Originally published by NYT Business Read original →