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.
Overview
Refinancing to a lower rate isn’t an option for many homeowners, who now face “financially unsustainable” mortgage payments.
Source
Originally published at www.marketwatch.com.
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