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Housing Market Cools as Mortgage Rates Soar to 6.9%, Home
Published : 2024-02-23 - Duration : 00:28 - View : 305
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The housing market has cooled again recently after a brief period of heating up in early 2024. Mortgage rates have surged to an average of 6.9% for 30-year fixed loans, rebounding from late 2023 declines. Home sales have declined, with a 10% drop in mortgage-purchase applications from the previous week, according to the Mortgage Bankers Association...
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