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U S housing market stalls as mortgage costs soar
The AP reports high mortgage rates and scarce financing push buyers out of the market. Price spirals, rising maintenance costs, and tighter lending tighten housing, with experts split on whether the trend signals a peak or continued strain.
MENTIONED IN THIS ARTICLE
Sams
Asty Coxts
National Homebuilders Association
NMBA
U.S. Department of Labor
Bureau of Statistics
NHBA
Federal Home Loan Bank
Catherine Martini
National Association of Realtors