While rising mortgage rates have some homebuyers giving up, others think they’ve found a workaround

While rising mortgage rates have some homebuyers giving up, others think they’ve found a workaround

‘The numbers just don’t work’: While rising mortgage rates have some homebuyers giving up, others think they’ve found a workaround

‘The numbers just don’t work’: While rising mortgage rates have some homebuyers giving up, others think they’ve found a workaround

America’s most popular home loan got more expensive again this week, striking yet another blow to haggard home shoppers staring at the steepest borrowing costs in 20 years.

The average 30-year fixed mortgage rate — now flirting with the 7% mark — is more than double what it was at the beginning of the year.

Even as the surge in home prices continues to…


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