The housing market is seeing more buyers get cold feet as mortgage rates soar

US housing market adamkaz/Getty Images Nearly 16% of home sale deals in August were canceled, the highest rate since last October, Redfin reported. Soaring mortgage rates, which climbed as high as 7.23% last month, are giving homebuyers cold feet. "I've seen more homebuyers cancel deals in the…#redfin #jaimemoore
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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