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Rising mortgage rates, steep home prices create 'affordability ceiling' for first-time buyers, expert says

Test out what is clicking on FoxBusiness.com. Steep gains in house costs together with higher home loan fees have produced an “affordability ceiling”, specially for first-time homebuyers, in accordance to Realtor.com Senior Economist George Ratiu. “For several buyers, existing sector circumstances are in a feeling, shutting the door virtually and […]

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