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✉news BusinessReal Estate first seen 17 h ago, last 17 h ago, peak #20

Are 9% Mortgage Rates Possible?

Analysts are debating whether US 30-year mortgage rates could climb to 9%, a level not seen in decades. With rates already hovering near multi-decade highs, the question has become a flashpoint in housing discussions, fueling anxiety among prospective homebuyers and raising concerns about affordability and a potential slowdown in the housing market.

Why now: Mortgage rates are near their highest levels in decades, prompting concern about how far they could rise and what that means for home affordability.

HousingWireUS housing marketFederal Reserve

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