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Market Impact: 0.2

Mortgage Rate Lock-In Still Dominates

Source: PR Newswire

Housing & Real EstateInterest Rates & Yields

Higher mortgage rates are slowing the release of pandemic-era low-rate mortgages, keeping rate lock-in a dominant force and prolonging the housing market’s slow thaw. The excerpt provides no specific rate, sales, or price figures.

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mildly negative

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