US Housing Market Cools as Mortgage Rates Climb
As mortgage rates climb above 7%, the US housing market is feeling the chill, with home sales hitting their lowest point in over a year and buyers growing more hesitant amid rising costs.
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U.S. Housing Market Cools as Mortgage Rates Climb
As mortgage rates climb past 7%, the U.S. housing market is feeling the chill with fewer buyers entering the scene and home sales slowing down. This shift is reshaping demand and leaving homebuilders and investors to navigate uncertain times ahead.