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After 2 weeks of increases, 30-year rate dipped to 6.39%.
S&P Index reported a 2% annual gain in February, down from 3.7% in January.
Rising mortgage rates could freeze buyers out later this year.
Rate-sensitive housing market buckles up after the Fed tries again to slow the economy.
Rates climb closer to 7%; reach level not seen since November.
Current market conditions don't favor buyers or sellers.
