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John Burns Consulting: 5.5% remains 'magic' mortgage rate, the tipping point beyond which most consumers say they would not buy a home; 5.5% rate has such a hold on consumers due to mental anchoring, affordability issues, expectations of rate drop

Redfin CEO warns US housing market can't get much worse from here, as high mortgage rates and high prices have crushed affordability for buyers; market is in a freeze and sales slowdown is bound to last 'a long, long time'

US homebuyer affordability fell in August as the national median payment applied for increased 0.37% to US$2,170 from US$2,162 in July; prospective homebuyers' budgets impacted by high home prices and mortgage rates above 7%: Mortgage Bankers Assn.

US 30-year fixed-rate mortgage averaged 7.31% as of Sep. 28, up from 7.19% a week ago; 30-year FRM averaged 6.70% a year ago: Freddie Mac

US mortgage applications decreased 1.3% in week ended Sep. 22 from one week earlier; Refinance Index decreased 1.0%, Purchase Index decreased 2.0%: Mortgage Bankers Assn

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