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Existing-Home Sales Plunge to 16-Year Low as Mortgage Rates Climb

Sales of previously owned U.S. homes fell sharply in October to their lowest level in more than 16 years, as rising mortgage rates squeezed buyers already struggling with high prices. Existing-home sales dropped 5.5 percent from September to a seasonally The post Existing-Home Sales Plunge to 16-Yea

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Originally published by Breitbart. Summary and curation by DutyStation News.

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