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✉news BusinessReal Estate first seen 8 h ago, last 29 min ago, peak #8

Mesa home-sale pipeline weakens as mortgage rates rise

Original: Mesa home-sale pipeline weakens as rates rise

New reporting from Mesa, Arizona says the city's home-sale pipeline is weakening as mortgage rates climb. Fewer pending sales suggest buyers are pulling back, adding pressure on sellers in a market already cooling from recent rate increases.

Why now: Rising mortgage rates are making affordability harder, so local housing weakness is drawing attention.

MesaArizona

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