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✉news BusinessReal Estate first seen 13 h ago, last 8 h ago, peak #3

Mortgage rates soar, deepening Massachusetts housing crisis

Original: Mortgage rates soar, dumping more gas on Massachusetts’ housing crisis

Mortgage rates in Massachusetts have surged sharply higher, adding fresh pressure to an already severe housing crisis in the state. The Boston Globe reports the spike is making homeownership further out of reach for many buyers and compounding affordability problems across the region, where high prices and limited inventory have strained residents for years.

Why now: Rising borrowing costs directly affect homebuyers and renters amid an ongoing affordability crisis in Massachusetts.

MassachusettsBoston Globe

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