Mortgage charges hit prolonged-time highs as housing affordability drops

Mortgage charges hit prolonged-time highs as housing affordability drops

With mortgage charges now topping 8%, merchants are persevering with to be squeezed by the housing market and rising costs. Editor-in-Chief at Investopedia, Caleb Silver, explains new information displaying how your buck handiest goes half of as a long way because it did at the cease of 2020 regarding buying for a home.

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