This news is about how people feel about buying houses. Many Americans are worried because it's expensive to buy a home right now. Mortgage rates (the interest paid on a home loan) are high, making houses cost more.
- Fewer people expect mortgage rates to go down.
- Many think home prices will keep going up.
- More people are worried about losing their jobs.
| Fact | Number |
|---|---|
| Percentage of people who think it's a bad time to buy a home | 76% |
| Current mortgage rate (approximately) | 6.63% |
| Percentage of employed people worried about job loss | 23% |
It's a tough time for people hoping to buy a house!
