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NBC News NOW
Mortgage rates hit long-time highs as housing affordability drops
This version of Mortgage Rates Hit Long Time Highs As Housing Affordability Drops 196195909748 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
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With mortgage rates now topping 8%, buyers are continuing to be squeezed by the housing market and rising prices. Editor-in-Chief at Investopedia, Caleb Silver, explains new data showing how your dollar only goes half as far as it did at the end of 2020 when it comes to buying a home.Oct. 23, 2023
