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Mortgage rates are nearing 7%. One house hunter says he's "despondent."

September 18, 2026 CBS News 1 min read
CBS News · Center
Mortgage rates are nearing 7%. One house hunter says he's "despondent."

“It seems like we’re trying to climb out of a hole somebody else is digging,” said one frustrated house hunter as homeownership costs rise.

Source: CBS News

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