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Mortgage rates Baltimore Sun
US homebuying demand falls with mortgage rates climbing to a one-year high
Redfin attributed the declining homebuying demand partly to rising mortgage rates, with the daily average rate hitting a peak of 6.85% last week, the highest level in more than a year. Moreover, concerns about inflation and volatile oil…
Naveen Athrappully · Baltimore Sun
Redfin attributed the declining homebuying demand partly to rising mortgage rates, with the daily average rate hitting a peak of 6.85% last week, the highest level in more than a year. Moreover, concerns about inflation and volatile oil prices, triggered by geopolitical tensions, are contributing to higher rates.