Boston Condos for Sale and Apartments for Rent

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Mortgage rates continue to climb

It’s hard to believe not too far in the past mortgage interest rates were at 3%, fast forward today, and now we are at 6.25%. As a result, the nation’s housing for sale market is slowing down. I guess you don’t need to be an economist to predict that would happen.

In the video below, CNBC’s Diana Olick joins ‘The Exchange’ for a housing market news alert about mortgage rates hitting 6.25%.