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Mortgage rates hit the highest level in a month, causing lower income homebuyers to drop out

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C
CNBC
May 6, 2026
Mortgage RatesSource: GNews

Mortgage rates rose last week, causing loan demand to drop back and causing the average loan size to rise -- indicating that lower income borrowers dropped out.

Mortgage rates rose last week, causing loan demand to drop back and causing the average loan size to rise -- indicating that lower income borrowers dropped out....

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Originally published by CNBC

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