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High Mortgage Rates: Tips to Help Buyers Facing 7% Mortgages

Posted by Christopher Lazaro on May 10, 2024

Higher mortgage rates are putting pressure on homebuyers in a challenging housing market. Rates have surged past 7%, with predictions of staying in the 6% to low 7% range. Buyers are advised to focus on improving credit scores, negotiating, considering homes needing work, setting a budget, and taking time in the buying process.

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