Here’s how much the same mortgage costs now, compared to last year - CNBC

The interest rate on a mortgage has risen by 2% in the last year. This increases the monthly cost of a financing a home by hundreds of dollars.

Fewer people are shopping for homes, a sign that homebuyers are getting priced out of the market due to surging mortgage rates, which spiked to an average of 5% this week for 30-year fixed-rate mortg… [+1891 chars]

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