CNN CNN Newsroom With Pamela Brown June 4, 2024 01:41:00
Think we have to pay attention to that. >> that's a really -- that's really great advice. so you mentioned inflation. let's talk mortgage rates. with the fed raising interest rates to fight inflation this year, rates have hit nearly 5%. that is the highest it's been in a decade. so how does that affect buyers? >> yeah, that's a very good question. i mean, interest rates have definitely made it tougher in terms of an affordability standpoint for some. but i also think it's a good thing. i think it's good for the people that have been trying to get into the market that are more qualified to get ...
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