Why Buying a Home Feels Impossible RN

Mortgage rates just crept up again, thanks to inflation heating up. If you’re house hunting, brace yourself: the average 30-year rate is now 6.75%. That means you’ll need a way bigger paycheck to afford the same house as a few years ago—almost double, in fact! With homes sitting on the market longer and prices barely budging, it’s a tough time for buyers. Pro tip: Boost your credit score to snag a better rate and keep an eye on those listings for any deals. #RealEstate #HomeBuying #MortgageRates