Rising mortgage rates price more buyers out of housing market

Potential home buyers face an increasingly complex housing market as mortgage rates rise and the average price to purchase an existing home in the U.S. reaches $400,000. George Ratiu, senior economist and manager of economic research at Realtor.com, joined CBS News' Tanya Rivero and Elaine Quijano to discuss.

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Did you miss our previous article...
https://realestatevideos.club/Mortgages/bad-news-for-homebuyers