More mortgage rate bad news for would-be home buyers

More mortgage rate bad news for would-be home buyers

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Interest rates on 30-year fixed-rate mortgages have hit yet another high, with lenders offering loans above 8% for the first time since 2000. Mortgage rates have gone up rapidly this year, rising two full percentage points from lows near 6% back in February. That’s been brutal for home buyers, who…

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