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The cost of buying a house continues to increase after the Fed raised mortgage rates to its highest level in 20 years. On Oct. 27, mortgage rates were increased to 7.1% which was the highest since 2001, according to Bloomberg. The increase is double the rates that were present in 2020 when buyers could purchase … Continued
The post Mortgage Rates Soar To Highest In 20 Years, Housing Market Impacted appeared first on Chicago Defender.
