If you are looking to buy your first home and need to finance, good luck.
Matthew Graham at Mortgage News Daily writes Mortgage Rates Jump up to 23-Year Highs
Coupled with home prices back at record highs, housing affordability hit a new record low.
Publishers Notes: What did I tell you, Just before the next election Biden will lower the rates as well as gas prices and attempt to look like a hero.
THANKS JOE!
THANK BIDEN !!!
Thank the obiden voters for ruining the American dream !!!!!
Hope the Democrat voters suffer the most / they deserve it !!! How do you like Biden Now ???? DUGH
Good thing is > Democrats will have to suffer right along with the rest of America !!! Enjoy !!!!
This is the plan all along, make mortgage rates too high, it becomes easier for big money to buy up homes that families can no longer afford. They will offer cash or settle for less than the value because they have purchasing power. Then they turn it into investment properties that are rented out higher than a mortgage would have been. Slowly killing the “American dream”. Add inflation to it and people don’t stand a chance at being able to own a home. This sucks !