Friday, April 8, 2022

NPR News: Mortgage rates just hit 5%. Buying a home has become a lot more expensive

Mortgage rates just hit 5%. Buying a home has become a lot more expensive
Higher mortgage rates and home prices have pushed the monthly payment to buy the median-priced home in the U.S. up more than 50% since the start of last year. Many first-time buyers can't afford it.

Read more on NPR #njsmallbusinessdepot #entrepreneur #smallbusiness

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