A 30-Year Trap: The Problem With America’s Weird Mortgages
Buying a home was hard before the pandemic. Somehow, it keeps getting harder. Prices, already sky-high, have gotten even higher, up nearly 40 percent over the past three years. Available homes have gotten scarcer: Listings are down nearly 20 percent over the same period. And now interest rates have soared to a 20-year high, eroding […]