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FinanceMarketWatch.com - Top StoriesAarthi Swaminathan

More than 70% of recent home buyers were counting on mortgage rates to drop. Now they’re stuck.

More than 70% of recent home buyers were counting on mortgage rates to drop. Now they’re stuck.

At a glance

Refinancing to a lower rate isn’t an option for many homeowners, who now face “financially unsustainable” mortgage payments.

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Refinancing to a lower rate isn’t an option for many homeowners, who now face “financially unsustainable” mortgage payments.

This summary comes from MarketWatch.com - Top Stories. Read the full article at the original source.

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