Rising mortgage rates are supposed to cool house prices. But this time could be different.

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By Emily Badger and Quoctrung Bui

Emily Badger writes about cities and urban policy from a rowhouse in Washington. Quoctrung Bui covers the economy and urban policy from a Brooklyn apartment.

It’s getting more expensive by the moment to buy a home in America. Mortgage interest rates, historically low during most of the pandemic, are rising faster than they have in decades.

Rock-Bottom Pandemic Interest Rates Are Over

Average interest rate on a 30-year fixed rate mortgage

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