inflation mortgage rates
Mortgage Rates Hitting 7% Threaten First‑Time Buyers
Mortgage Rates Hitting 7% Threaten First-Time Buyers A 7% mortgage rate adds roughly $975 to the monthly payment on a $350,000 loan, pushing many first-time buyers past the affordability line. When rates climb, the extra cost compounds over 30 years, turning a manageable budget into a financial strain. I