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Rising prices, mortgage rates push monthly payments to all-time high: report

Por: The Hill Politics July 21, 2023

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High home prices and climbing mortgage rates continue to hamper affordability, pushing prospective buyers’ monthly payments to their highest level on record, according to a new report.  Home prices posted their largest increase since December in the four-week period ending July 19, rising by 2.1 percent, from real estate brokerage Redfin showed.  fell again in June.  Existing home sales — completed transactions that include single-family... + full article



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