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BUSINESSHonolulu Star-Advertiser·4h ago

Mortgage rates keep climbing, leading some buyers to riskier loans

Photo · Honolulu Star-Advertiser
AI TLDR · GEMINI

Rising mortgage rates are creating an affordability crisis, leading some homebuyers to choose riskier loan options.

Mortgage rates continue to creep higher, compounding an affordability crunch that has squeezed many Americans’ wallets. Now soaring rates are prompting some homebuyers to roll the dice that they will fall in a few years.

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