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Housing Costs Up While Mortgage Rates Remain Steady

Last week’s Consumer Price Index (CPI) showed a 4.4% annual increase in housing costs, and the 0.4% monthly increase in housing accounted for approximately one-third of the index’s total increase for January. Mortgage rates continue to hover around 7% this year, according to Freddie Mac’s weekly survey.

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Housing Costs Up While Mortgage Rates Remain Steady

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