Home prices could drop 5% next year if mortgage rates stay at 2-decade highs, Morgan Stanley says

Tech Insider
reduced house price
The 30-year fixed mortgage notched 8% this week, its highest level since the year 2000.

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Home sales have plummeted to their lowest in 13 years as 8% mortgage rates batter the housing market

Tech Insider
Mortgage home sales
Sky-high mortgage rates keep battering the US housing market, with the 30-year fixed mortgage clocking in at 8% this week.

Lucas Jackson/Reuters

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