Mortgage rates are back above 7%. How much higher could they climb?
Mortgage rates have risen above 7% and are expected to continue increasing through the end of the year. Experts suggest that rates are more likely to climb than decline.
Rates are "far more likely to go up than down by the end of the year," a senior economist at Realtor.com told CBS News.
READ NEXT
More on the wire
FROM THE PUBLISHER
The University of Arizona suspended the Sigma Tau Gamma fraternity after pledges were forced to eat goldfish and drink excessive alcohol.
FROM THE PUBLISHER
Kamar Samuels ignored parents' persistent pleas to remove the principal at a troubled Brooklyn public school where woke NY Times writer Nikole Hannah-Jones "sacrificed" her daughter to promote social justice.
AI TLDR
The Georgia Bulldogs are set to host the struggling Oklahoma Sooners in an upcoming SEC football matchup.