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Mortgage Rates Climb Toward 7 Percent | Honduras News
Mortgage rates are climbing fast, now at 6.71%—the highest in over a year—with experts warning they could hit 7% again soon. Driven by bond market chaos fueled by inflation, energy prices, and ballooning U.S. debt, borrowing costs are rising as investors demand higher returns. While this squeezes homebuyers financially, it may also reduce competition and stabilize—or even lower—home prices. Watch next week’s CPI data: it could signal another Fed rate hike and further pressure on rates. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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