Buying a Home Is Getting Out of Reach. How Much 7% Mortgage Rates Need to Fall.

By Staff Contributor

August 21, 2023

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Staff Contributor https://americanweeklymag.com

Updated Aug. 20, 2023 5:33 pm ET / Original Aug. 20, 2023 1:00 am ET

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Anyone looking to venture into the housing market got whacked with another jump in mortgage rates last week. That means a return to any semblance of housing affordability is a long shot for now.

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Buying a Home Is Getting Out of Reach. How Much 7% Mortgage Rates Need to Fall.

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