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The Stagnant Housing Market Is About to Face a 7% Mortgage — WSJ

By Nicholas G. MillerMortgage rates are closing in on 7% for the first time since the beginning of last year, promising more pain for prospective home buyers already wincing at record-high home prices and an uncertain economy.Last week, 30-year fixed rates averaged 6.76% according to Freddie Mac. B…

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