Rents Are Rising and So Are Mortgage Rates. What’s a Home Buyer to Do?

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Rents are rising. So are house prices and mortgage rates. Buyers are preparing to buy quickly before things get even tougher.

U.S. home prices hit an all-time high in 2021, but those increases are expected to slow in 2022 thanks to a number of economic factors. Here’s what’s driving the housing market and what that could mean for prospective buyers and sellers.

Photo: George Frey/Bloomberg News
 

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