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flag Mortgage rates surge nationwide, worsening housing affordability and financial strain.

flag A sudden surge in mortgage rate increases has added financial pressure on homeowners across the U.S., marking another setback in an already challenging housing market. flag Lenders nationwide announced multiple rate hikes within a short span, citing rising borrowing costs and economic uncertainty. flag The changes are expected to impact both new borrowers and those with adjustable-rate mortgages, further straining household budgets amid ongoing inflation concerns.

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