How high mortgage rates are squeezing U.S. homebuyers

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Added 11 months ago by XaniaNews

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Home buyers in many U.S. coastal areas are facing a competitive real estate market, in part thanks to a spiking interest rate. Buyers are being advised to prepare to settle, bring cash offers and close quickly. Carter Evans and Mark Strassman report.

#news #realestate #housingmarket

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Category: News and politics
Tags: video, cbs, news

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