Homebuyers are backing out of more deals as high mortgage rates persist and recession fears linger

Econ & Housing

  Contractors work on a home under construction in Antioch, California, on Tuesday, June 14, 2022. David Paul Morris | Bloomberg | Getty Images Rising costs and falling confidence in the U.S. economy are fast becoming a toxic cocktail for the housing market. As a result, a growing number of buyers are backing out of…

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