Tag: mortgage

How rising interest rates are affecting Americans
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How rising interest rates are affecting Americans

The average interest rate on a credit card in November 2021 was 16.4%. As of September, the average credit card interest rate is nearly 24.5%. Javier David, managing editor at Axios, joined CBS News to…

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Buying a home now unaffordable in 99% of America, report finds
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Buying a home now unaffordable in 99% of America, report finds

The typical American cannot afford to buy a home in a growing number of communities across the nation under common lending standards, according to a new report from real estate data provider ATTOM. Researchers examined…

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