Buyer beware: You may want to think carefully about that home purchase now, according to one expert.
“From an affordability perspective, this might be the worst time you could buy because mortgage rates have spiked quite a bit,” Chistopher Mayer, co-director of the Paul Milstein Center for Real Estate and professor at Columbia University, told Yahoo Finance Live (video above).
Mortgage rates have jumped by more than 2 percentage points since the start of the year, according to Freddie…
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