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Houston First-Time Home Buyers Hit With Both Increasing Mortgage Rates And Home Prices

Pent-up demand for housing is being frustrated with low inventories of homes for sale, high home prices, and soaring mortgage rates. New home buyers see housing as increasingly unaffordable. Mortgage rates have literally exploded across the country in the past 6 months according to Houston Home Buyers, a home buyers company based in the Houston metro area. There have been mortgage rate increases in the past but nothing of this...

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