Mortgage charges surge to eight% amid describe low present of properties for sale

Mortgage charges surge to eight% amid describe low present of properties for sale

Over staunch two years, mortgage charges hold surged from 3% to eight%, which will add virtually $1,000 to the monthly price on a median priced home. The provision of properties for sale has hit a describe low, leaving many doable homebuyers anxious over when basically the most efficient time will be to aquire a home. CNBC’s Diana Olick stories.

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