Mortgage Rates Flirt With 8% As Demand Slumps To Lowest Since 1995: This City's Housing Market Displays Cracks

Mortgage rates continue to climb in the U.S., reaching levels not seen in decades. The latest weekly report from the Mortgage Bankers Association of America (MBA) sent fresh shockwaves through the housing industry, revealing that the average contract interest rate for 30-year fixed-rate mortgages…

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