Mortgage rates jump above 4% — prompting borrowers to return to a staple of the housing bubble - CBS News


3/21/2022 12:00:00 AM3 years 1 month ago
by Aimee Picchi

With rates at their highest point since 2019, some buyers are turning to adjustable-rate mortgages for affordability.

It's increasingly expensive to buy a home: Not only are housing prices increasing by double-digits annually, but mortgage rates have been on the rise and this week topped 4% for the first time since … [+4910 chars]

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