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Mortgage Rates Rise Amid Global Tensions | Salt Lake City News
Mortgage rates just nudged up to 6.6%, breaking a two-week downward trend — and experts warn big savings aren’t coming anytime soon. Geopolitical tensions, especially the Iran conflict since February, are fueling inflation and keeping borrowing costs high. With fewer homes on the market and rising development costs, affordability is shrinking. Even a half-point drop could save buyers nearly $15K annually — but for now, elevated rates look set to linger through the year. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai…
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