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Pressure builds on housing market as mortgage rates cross 6%, a first since 2008

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Mortgage rates crossed the 6% threshold and hit their highest point since 2008, upping the pressure on the US housing market and pricing out even more would-be homebuyers.

 

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Mortgage rates top 6% for the first time since 2008 | CNN BusinessMortgage rates jumped again, surpassing the 6% mark and reaching the highest level since the fall of 2008. Faster breaking news here NewsWire_US Building Back Broker Thanks Joe!
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