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Decade-High Mortgage Rates Pose Threat to Spring Housing Market

  • 📰 WSJ
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  • News: 4%
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U.S. housing sales are heating up again this spring, but the highest mortgage rates in more than a decade threaten to cool the sales pace that has gripped the market for nearly two years

as the Covid-19 pandemic changed consumers’ housing priorities and remote work enabled people to move farther from work.

 

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