Mortgage rates spike amid debt ceiling drama and inflation
Home buying is increasingly financially out of reach for many Americans.
Source: washingtonexaminer.com
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Home buying is increasingly financially out of reach for many Americans.
Housing payments hit a record high this week as mortgage rates jumped above 7% due to progress on a possible debt-ceiling deal, Redfin said Thursday.
Mortgage rates in the United States have hit the highest level in six months while loan applications and home sales are declining.
Monthly housing payments hit a new record high this week as mortgage rates jumped, pricing out many homebuyers, especially those with limited budgets ... | May 25, 2023
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