GgoogleUS first seen 1 d ago, last 1 d ago, peak #6

Mortgage rates climb, squeezing homebuyers

Original: current mortgage rates

Mortgage rates are rising again, adding pressure to the housing market and raising monthly payments for buyers. In Massachusetts, the Boston Globe reports the increase is another blow to housing affordability, as would-be homeowners face steeper borrowing costs on top of already high home prices.

Why now: Higher borrowing costs are directly affecting people looking to buy homes right now.

mortgage ratesMassachusetts housing marketThe Boston Globe

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Evidence

• Mortgage rates are soaring, another blow to Mass. housing affordability as buyers face higher monthly payments · The Boston Globe

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