Local News
Homeownership decreasing as interest rates spike
As mortgage rates climb, fewer people can afford to enter the housing market. Right now, applications for home loans are down 21% from one year ago.
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As mortgage rates climb, fewer people can afford to enter the housing market. Right now, applications for home loans are down 21% from one year ago.
Reporter : Keely ArthurPhotographer : Richard Adkins
Producer : Pritchard Strong
Web Editor : Heather Leah
Posted 2022-06-09T18:45:50-0400 - Updated 2022-06-09T18:45:50-0400
