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Mortgage rates hit highest level since the start of the Iran war

Mortgage rates hit highest level since the start of the Iran war
Photo: KVIA ABC-7 · view original

By Samantha Delouya, CNN (CNN) — Geopolitical tensions are rippling through America’s housing market, adding to the financial strain on homebuyers. This week, the average rate on a 30-year fixed mortgage climbed to 6.55% — its highest level in nearly a year — after renewed strikes in Iran rat...

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