first time homebuyer mortgage rates
Why 7% Mortgage Rates Crush First‑Time Homebuyers?
7% mortgage rates push monthly payments up by about $150 on a $300,000 loan, shrinking the buying power of first-time buyers and forcing many to reconsider their budgets. Rates have surged past the 7% threshold for the first time in a decade, deepening the housing affordability crisis. Tracking these