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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto January 21, 2022 14:57:00

They are considering all options including layoffs and production curbs, but called the leaked information incomplete and out of context. to the housing market now, mortgage rates rising for a third straight week at an average of 3.56%. those 30-year fixed rates are at a high not seen since the start of the pandemic. this of course after many years of very low mortgage rates. cnn s vanessa yurkevich spoke with prospective home buyers feeling some pressure to pay more in an already competitive market. hey, man. welcome. reporter: stu is on the hunt again. here we have two bedroom, 2 1/2 bath. reporter: he s looking for a home in los angeles for himself and his 8-year-old daughter after he fell out of escrow on another property last month. how many square feet is it? reporter: besides worrying about square footage, there s low inventory, sky-high prices and bidding wars and now rising mortgage rates. they re almost a point higher ....

Mortgage Rates , Housing Market , Production Curbs , Information Incomplete , Vanessa Yurkevich , 43 56 , Los Angeles , 2 1 ,

CNN New Day Weekend With Christi Paul and Boris Sanchez January 23, 2022 12:44:00

Okay. i m just giving you the information. i have no control over this. just to be clear, u.s. mortgage rates now at the highest level in almost two years. this is a frenzied market that deals with a shortage in homes and a rise in prices. the average on a 30 year fixed rate hit 6.5% this yeek and makes the competitive market even more stressful. vanessa yurkevich has move. reporter: stu is on the hunt again. here we have two bedroom, two and a half bath. reporter: he is looking for a inappropriately in los angeles for himself and his eight-year-old daughter after he fell out of escrow on another property last month. ....

Mortgage Rates , Vanessa Yurkevich , 6 5 , Half Bath , Los Angeles ,

CNN CNN Newsroom With Ana Cabrera January 21, 2022 18:46:00

Again. two bedroom two and a half bath. reporter: he s looking for a house for him and his daughter after he fell out of escrow last month. how many square feet is it? reporter: besides worrying about square footage, there s low inventory, sky-high prices and bidding wars and now rising mortgage rates. they are almost a point higher than they were when i made the offer and got it in escrow. that s a significant jump. reporter: this week a 30-year fixed rate loan is 6.5%, back up to pre-pandemic levels. on the median home price of $350,000, americans can expect to spend $120 more on average, excluding taxes and insurance, than they did a year ago. i think that affects the kinds of homes i look at and the kinds of neighborhoods i look at and the things i m willing to go and have conviction about that i maybe didn t a month or week ago. reporter: mortgage rates are going up in anticipation of higher interest rates which the federal reserve said would ....

Half Bath , Mortgage Rates , Home Price , Rate Loan , 6 5 , Interest Rates ,

CNN New Day With John Berman and Brianna Keilar January 21, 2022 11:32:00

Rock-bottom price sub 3% for their mortgage. that may price some people out of the market. it may cause others to quickly re-do their finances to afford the home they re looking at. the buyers we spoke to are pretty nervous and pretty anxious. stu, welcome. stu is on the hunt again. here we have two bedroom, two and a half baths. he is looking for a home for himself and his daughter after he fell it of escrow last month. there s low inventory, sky-sky prices and bidding wars. and now rising mortgage rates. they are almost a point higher when i made that offer and went into escrow. that is a significant jump. reporter: 3.56%, back up to prepandemic levels. on the median home price of ....

Mortgage Rates , Ivanka Trump , Home Price , 43 56 ,

CNN New Day Weekend With Christi Paul and Boris Sanchez January 23, 2022 12:45:00

Besides worried about square footage there s low inventory, sky high prices and bidding wars and now rising mortgage rates. they re almost a point higher than they were when i made that offer in escrow, so that s a significant jump. reporter: this week a 30 year fixed rate low is 3.6% back up to pre pandemic levels. on a median home price of $350,000 americans can expect to spend $120 more on average excluding taxes and insurance than they did a year ago. i think that affects the kind of homes i look at, that affects the neighborhoods i look at, affects the kind of mention i m willing to go and have conviction about that maybe i didn t a month or week ago. reporter: mortgage rates are going up in anticipation of higher interest rates, which the federal reserve said would happen this year. in just the last month a 30-year mortgage rose by a half a point. every half point the mortgage ....

Mortgage Rates , Sky High , Back Up , Pandemic Levels , Rate Low , Home Price , 3 6 , Interest Rates ,