Here's what you need to know.
Mortgage rates have been a major issue for many Americans throughout the country. This seems to only be getting worse as rates are set to rise above 10 percent in the near future.
Mortgage rates are reaching new highs as individuals are unable to pay these new high rates. Many individuals are giving up on the house market which is hurting these mortgage rates even more than before. Mortgage rates are ruining many American finances and is only getting worse.
Experts suggest that mortgage rates will rise above 10%.