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The Wall Street Publication > Blog > Markets > Mortgage Rates Will Rain on This House Party
Markets

Mortgage Rates Will Rain on This House Party

Editorial Board Published February 18, 2022
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Mortgage Rates Will Rain on This House Party
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There is reason to believe that America’s housing market will be able to weather rising interest rates. That doesn’t mean that higher borrowing costs can’t blow a few shingles off.

The National Association of Realtors on Friday reported that 6.5 million previously owned homes were sold in January at a seasonally adjusted, annual rate, up from 6.09 million a month earlier and well above the 6.1 million economists had expected.

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