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Marquesa Hobbs
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- 1What 7%+ mortgage rates mean for buyers and sellers●What 7%+ mortgage rates mean for buyers and sellers, according to Marquesa Hobbs
Mortgage rates climbing above 7% are once again in focus for the US housing market. Marquesa Hobbs of FOX21 News Colorado breaks down what the higher borrowing costs mean for buyers facing steeper monthly payments and sellers contending with reduced demand and pricing pressure.