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realtors
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- 1Rising mortgage rates dash hopes of housing comeback▼Realtors predicted a modest housing comeback this year. Rising mortgage rates are now dashing those hopes
Realtors had forecast a modest housing market recovery this year, but mortgage rates climbing higher are undermining those predictions. The renewed rise in borrowing costs is expected to keep affordability strained and dampen buyer demand, putting expected sales and price rebounds in doubt across many markets.