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Rising Rates Halt US Housing Market Rebound

Published 10 hours ago
Description

Rising Mortgage Rates Dampen US Housing Market Rebound: Despite Economists Hopes, Average Thirty-Year Fixed Rate Climbs to 6.38%, Buyers Pull Back Amid Job Worries and Global Tensions, But Market Still Tilts Toward Buyers, With Home Prices Rising Slower Than Inflation and Wages Growing, and Six Hundred Thirty Thousand More Sellers Than Buyers.

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