Mortgage Rates Surging

Mortgage Rates Surging
Photo by Tierra Mallorca / Unsplash

Here's what you need to know.

Mortgage rates for homes across the country are getting higher and higher which is hurting the economy and many peoples finances.

Mortgage rates have always been a big issue in recent times because of inflation. Many people have been saving money because of the high mortgage rates and are willing to wait out the rise.

Economists suggest that individuals save money to pass the mortgage surge.