Average rate on 30-year mortgage climbs to highest since July

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The average rate on a 30-year mortgage in the U.S. rose for the second week in a row to 6.85% — its highest level since mid-July.

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And they wonder why the amount of homeless people living in tents and cars have increased! Even apartments are unaffordable.

WalkawayRene

Most buyers won't be able to make that 20% down

bbbt

Inflation. Overdebted US dollar, overpriced real estate, Banks cover their risks with higher rates. It's a simpel!

AH

So what was the point of the Fed lowering interest rates?

alooga

Everywhere you look now they're homeless people living in their automobiles. USA is so broken 💔😞

Shining

Here comes unemployment, then when the rates come down the demand still won't be there.

carnivalgods

Overhere in the Netherlands (EU/Eurozone) average mortgage interest rate contracted 6 years or so till date, with 10 yrs fixed interest is depending on which bank, 2.40 % interest rate on average. To low in my opinion, but still.

AH

The fed cut rates so why the increase?

pacu

The incoming disaster is already showing.

TT-qodv

How about lowering the cost of these houses? This is ridiculous and you all know it.

voiplogistics

Lord thank god I bought 7 years ago!!!!

NateWinters

So much cope in this vid. Everyone’s screwed

bobroberts

Thank you so much for this amazing video! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

LionMarla

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