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A sign is displayed outside a home in Wheeling, Ill., on May 5, 2022. Average long-term U.S. mortgage rates climbed over 6% this week for the first time since the housing crash of 2008, threatening to sideline even more homebuyers from a rapidly cooling housing market. Mortgage buyer Freddie Mac reported Thursday, Sept. 15, 2022, that the 30-year rate rose to 6.02% from 5.89% last week. (AP Photo/Nam Y. Huh)
Photo by: Nam Y. Huh
A sign is displayed outside a home in Wheeling, Ill., on May 5, 2022. Average long-term U.S. mortgage rates climbed over 6% this week for the first time since the housing crash of 2008, threatening to sideline even more homebuyers from a rapidly cooling housing market. Mortgage buyer Freddie Mac reported Thursday, Sept. 15, 2022, that the 30-year rate rose to 6.02% from 5.89% last week. (AP Photo/Nam Y. Huh)

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