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Buyers are feeling pessimistic about finding affordable housing in a record-breaking market with more price gains ahead
Housing market sentiment is taking a turn amid rising mortgage rates and persistently high prices
Mortgage application volume posted a double-digit decline during the last week of 2022 as interest rates climbed toward 7% after falling two weeks prior
Americans are more pessimistic about the housing market than at any time in the last decade, but decelerating price growth may offer some relief
One housing expert says the rate hike can spur home value declines in coastal markets like Seattle and San Francisco
Homebuyers have faced a number of obstacles on the path to homeownership since the start of the pandemic, and as mortgage rates continue to reach new highs, market sentiment is falling
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