Home buyers hesitate as US mortgage rates soar to 16-year high

(NaturalNews)

(Natural News) More Americans are hesitating to get a housing loan as mortgage rates hit 6.75 percent – the highest in 16 years. The rate hike serves as another blow to a population already haunted by inflation and economic woes.Based on data released Oct. 5 by the Mortgage Bankers Association, the contract rate on a 30-year fixed … [Read More…]