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How rising mortgage rates are increasing the cost of living for millions of Americans

The Federal Reserve has not raised interest rates, but many Americans are still facing the challenge of increased borrowing costs. The Fed's previous Rate hikes have caused Mortgage Rates to rise significantly, reaching the highest level in over twenty years. Daryl Fairweather, the chief economist of Redfin, discusses this issue with Amna Nawaz.

The post How Rising Mortgage Rates are increasing the cost of living for millions of Americans appeared first on Balanced News Summary.



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How rising mortgage rates are increasing the cost of living for millions of Americans

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