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Homebuyers impacted by highest mortgage rate in decades

A sold sign hangs in front of a Brighton, New York house. (Ted Shaffrey/AP)
A sold sign hangs in front of a Brighton, New York house. (Ted Shaffrey/AP)

The 30-year fixed mortgage rate is now at its highest level in 21 years. We look at the impact on homebuyers and the markets.

Michael Regan, senior editor at Bloomberg News, speaks with host Scott Tong.

This article was originally published on WBUR.org.

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