What a terribly written article. It makes it sound like all Americans suddenly have mortgages at the current 7％ when reality is most are sitting with current loans in the 3％ range and much lower payments. This headline assumes everyone is paying the current rates.
What a terribly written article. It makes it sound like all Americans suddenly have mortgages at the current 7％ when reality is most are sitting with current loans in the 3％ range and much lower payments. This headline assumes everyone is paying the current rates.