Home Sweet Unaffordable Home: Interest Rates Crash The House Party
Key Points
- The American Dream now features soaring interest rates, turn...
Looks like the American Dream now comes with premium DLC content - sky-high interest rates and a mortgage that'll make your wallet weep. Remember those 3% mortgage rates? Yeah, those are now displayed at the Museum of Affordable Housing, right next to fossilized avocado toast.
The Not-So-Fun Numbers Game
The Federal Reserve's inflation-fighting crusade has turned house hunting into an extreme sport. A mere hop from 3% to 6% interest rates has morphed modest monthly payments into budget-busting behemoths. First-time homebuyers are discovering that their pre-approved dreams are getting pre-...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.