djr-2021-05-09-news-housing-twp3

This file photo from May 6, 2021, shows new construction in Tupelo, Miss. 

Home shoppers holding out for relief from rising mortgage rates may be in for a long wait.

The weekly average rate on a 30-year fixed-rate home loan has been rising for months and this week climbed to just below 7% — its highest level in over 19 months.

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