HomeWorld NewsHigh mortgage interest rates make it more costly to finance a home purchase and to qualify for a loa

High mortgage interest rates make it more costly to finance a home purchase and to qualify for a loa

  • September 21, 2022
  • Posted by: Bastion team
  • Category: World News
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High mortgage interest rates make it more costly to finance a home purchase and to qualify for a loa – CBS Pittsburgh


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Mortgage interest rates are hitting a 14-year high, now above 6 percent for a traditional 30-year mortgage. As money editor Jon Delano reports, that means it will cost much more to finance a home purchase.

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