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Mortgage Rates Above 7% Force Sellers to Cut Home Prices in Some Markets

With mortgage rates holding above 7%, sellers in some areas are repricing their homes and reconsidering market conditions, creating openings for buyers who have been sidelined by affordability concerns.

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With mortgage rates holding above 7%, sellers in some areas are repricing their homes and reconsidering market conditions, creating openings for buyers who have been sidelined by affordability concerns.