Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Mortgage Rates Inch Toward 8% and Nobody's Happy About it


For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

The last time interest rates were this high, "hanging chads" dominated national news.

US mortgage rates have climbed past 7.5% -- further tightening an increasingly impossible-to-crack housing market. Not that any evidence is needed, but a RedFin survey published Wednesday underscores just how unhappy Americans feel about the housing market.

Continue reading


Source Fool.com


Comments