Homes Becoming Unaffordable
This is not good.
Homes are becoming higher and higher in prices and mortgage rates are skyrocketing. This is not good for Americans and could potentially hurt the economy.
The house market is in bad shape as individuals cannot afford to buy homes because of the absurd mortgage rates which seem to be hurting many American finances.
The mortgage rates for these homes keeps getting higher and higher which is hurting the economy in many ways.