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Mortgage Rates Surge Amid Global Tensions | Lubbock News

Mortgage Rates Surge Amid Global Tensions | Lubbock News

Published 3 weeks, 6 days ago
Description

Mortgage rates just hit a 12-month high at 6.55%, adding hundreds to monthly payments and tightening the housing market as buyers pause amid rising costs fueled by global tensions, inflation fears, and stubborn bond yields.

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