Mortgage Rates Just Topped 7%, Triggering a ‘Sense of Helplessness’ for Many Would-Be Homebuyers
Published by REALTOR.com | April 18, 2024 These higher rates are frustrating homebuyers and sellers, thwarting many of their plans. Mortgage rates are back up above 7%. Even worse, rates could rise further after U.S. Federal Reserve Chair Jerome Powell said policymakers were in no rush to cut rates while inflation remains stronger than anticipated. …