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A row of suburban homes in Northern California
Some of the most active homebuyers during the COVID-19 pandemic are now pumping the brakes on purchases.
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A small, light blue house with a red door
Like other government-backed loans, FHA interest rates are typically lower than conventional loan rates.
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US house prices
The average 30-year fixed mortgage rate clocked in at 7.48% the last week, according to Mortgage News Daily.
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Home for sale