Rising mortgage rates keep more merchants out of housing market

Rising mortgage rates keep more merchants out of housing market

Doable residence merchants face an increasingly more complex housing market as mortgage rates rise and the common keep to put off an existing residence in the U.S. reaches $400,000. George Ratiu, senior economist and manager of financial study at Realtor.com, joined CBS News’ Tanya Rivero and Elaine Quijano to discuss.

#news #mortgage

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