Mortgage rates increased by more than a quarter of a percent .This week and are now at their highest point in 14 years. 

providing no comfort to those who have been unable to purchase a home According to Freddie Mac, the 30-year fixed mortgage's average rate.

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Reached its highest level since the final week of October 2008. It rose to 6.29% from 6.02% the previous week.

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Rates have increased by more than three percentage points since the year's beginning.

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This year's sharply rising ratesHave only made an already unaffordable. . 

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The property market is worse.  For many, causing those potential purchasers to postpone .

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Their purchase plans for those still around.Haggling with dealers is simpler now than it was at the start of the year.

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For purchasers, the current home market is still significantly out of reach.

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Who are seeing their take-home pay decrease owing to higher costs.And their shopping budgets decrease due to rising rates.

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Former Yankees scout Tim