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Rising Mortgage Rates Linked to Ongoing War Impacting April Outlook

KTSM••Kate Wood
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April's mortgage outlook is grim as ongoing geopolitical conflicts are contributing to rising interest rates. This situation is significant for potential homebuyers and those looking to refinance, as higher rates can lead to increased monthly payments and overall borrowing costs. Financial experts warn that the current trends may persist, impacting the housing market in El Paso and beyond. Homebuyers should be prepared for these changes and consider their options carefully in light of the economic climate.

economy mortgage interest-rates housing-market

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