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Nightly News
Mortgage rates surge to 8% amid record low supply of homes for sale
This version of Mortgage Rates Surge To 8 Amid Record Low Supply Of Homes For Sale 196815429813 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
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Over just two years, mortgage rates have surged from 3% to 8%, which can add nearly $1,000 to the monthly payment on a median priced home. The supply of homes for sale has hit a record low, leaving many potential homebuyers anxious over when the best time will be to buy a home. CNBC’s Diana Olick reports.Oct. 31, 2023
