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Mortgage rates hit 23-year high: Freddie Mac

Mortgage rates hit their highest point in more than two decades. But as high home prices and rates weigh down on homebuyers, many sellers are willing to negotiate.

Most Americans see the economy in bad shape and getting worse: poll

Most Americans believe the economy is in bad shape, but the majority also say their finances are well, according to a poll. Still, inflation and high interest rates could impact the finances of Americans as the economy remains the top concern going into the presidential election.