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Homebuyers feel pinch as interest rates rise

Name: Homebuyers feel pinch as interest rates rise
Uploaded: 2022-05-11T08:54:22-0400
Duration: 3 min 39 s
Description: The average 30-year fixed mortgage rate hits 5.27%, nearly double what it was a year ago. Erin Sykes, chief economist at Nest Seekers International, has more on the impact.

The average 30-year fixed mortgage rate hits 5.27%, nearly double what it was a year ago. Erin Sykes, chief economist at Nest Seekers International, has more on the impact.