Shift Occurring in US Housing Market as Mortgage Lock Loosens Up

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More older lower-rate mortgages are being replaced by newer borrowing with higher financing costs, gradually pushing up the average loan rate for US homes, Intercontinental Exchange Inc. data show.

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8% in second quarterAmericans' pandemic savings are gone - and the economy is bracing for impactBank of Canada's cutting cycle a 'big tailwind for Canadians': economistThe Daily Chase: WestJet strike looms as mechanic talks break down againCanada inflation quickens to 2.

 

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