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Mortgage rates top 7% as housing affordability crisis deepens

Mortgage rates top 7% as housing affordability crisis deepens
Photo: Atlanta News First (WANF CBS) - News · view original

WASHINGTON (Gray DC) - Mortgage rates climbed over 7% Thursday as the United States moves deeper into an affordability crisis, with the economy top of mind for millions of voters heading to the polls in November. The average age of a first-time homebuyer is nearly 40, according to data from the N...

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