More than 70% of recent home buyers were counting on mortgage rates to drop. Now they’re stuck.
Refinancing to a lower rate isn’t an option for many homeowners, who now face “financially unsustainable” mortgage payments.
Refinancing to a lower rate isn’t an option for many homeowners, who now face “financially unsustainable” mortgage payments. This story matters for Finance & Markets readers tracking fund. Reported by marketwatch.com. Read the full original at the source link below.
Originally reported by marketwatch.com. FundNews curates and briefs the finance & markets stories that matter. Our editorial policy →