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Mortgage rates just delivered some relief for American homebuyers. After climbing higher than they’ve been in more than two decades, the Mortgage Bankers Association says the average rate for a 30-year fixed mortgage currently have fallen to their lowest levels in over a year.
Will this motivate shell-shocked Americans who’ve delayed purchases amid sky high prices and tough lending conditions?
Karina Mitchell takes a look at the mortgage mess.
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466