Mortgage Rates Rise Again: What It Means For You

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sundays

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Mortgage rates just spiked! After weeks of decline, Freddie Mac reports a jump to 6.3% on 30-year mortgages, fueled by inflation fears and Federal Reserve expectations. What does this mean for buyers and sellers? Higher monthly payments, tougher loan qualifications, and a potential market slowdown. Discover how this shift impacts your homeownership dreams and what strategies buyers and sellers are considering now. Hosted on Acast. See acast.com/privacy for more information.

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