Archived Average US rate on 30-year mortgage rises to 4.09 percent (bigstory.ap.org)
submitted ago by awrk
Posted by: awrk
Posting time: 5.4 years ago on
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Archived on: 2/12/2017 1:51:00 AM
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Archived Average US rate on 30-year mortgage rises to 4.09 percent (bigstory.ap.org)
submitted ago by awrk
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[–] pray_the_gay_away ago
You bet your ass this is going to damage the housing market. When it becomes more expensive to borrow money, people can't afford to borrow as much, and therefore can't afford to buy expensive houses.