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Friday, September 18, 2026

‘It’s discouraging’: Increasingly expensive housing market stymies would-be buyers

Mortgage rates could go higher after exceeding 7%, while home prices are already near record highs. The average interest rate on a 30-year fixed mortgage soared to 7.2% this week, its highest in a year and a half. Coupled with home prices near record highs, it’s putting the American dream of owning …

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