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As Mortgage Rates Peak, America's Housing Market Feels the Heat

Against a backdrop of volatile economic figures and indices, mortgage rates in the United States have pirouetted to a crescendo, reaching the loftiest levels seen since November. The steady climb paints an intriguing backdrop to a housing market already in the throes of flux and adaptation, altering the rhythm of real estate transactions nationwide. Over the last week, the standard 30-year fixed mortgage rate leaped from 6.57% to an arresting 6.79%. When contrasted with the same time

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