Mortgage Rates Remain Above 7%, Pushing Home Prices Lower in Some Areas

The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas.The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas. Personal Finances, Mortgages, Real Estate and Housing (Residential), Inflation (Economics) Read More