Fed interest rate hikes hit would-be homebuyers hard | ABCNL

ABC News’ Elizabeth Schulze reports on the impact of rising mortgage rates on homebuyers as the Federal Reserve tries to tame inflation by once again raising interest rates.

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#mortgagerates #federalreserve #interestratehike #homebuyers

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Author: Rafael

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23 thoughts on “Fed interest rate hikes hit would-be homebuyers hard | ABCNL

  1. Biden's the best president ever… the poorest Americans must love the policies of this great administration. Prediction for the the next 2 years – the US will be at war with Russia to defend a great democracy like the Ukraine, the US will be in a depression, printing money and then hyperinflation will hit while the poor American youth fight another foreign war. Biden 2024 !!

  2. Simply put this is what you liberals and fake media wanted. We had a president that was making this country work this country work he wasn't perfect but guess what neither are you but you had to crucify him and you still are allowing the democrats and the FBI And the Justice department to consistently attack him in the hopes that he may never run again. I hope you're all proud of yourself because you are the ones that caused this to happen through your hateYou're goals for separation/division and your evil actions and comments. And let me clue you in on something it's going to get worse under this Biden administration. We tried to tell you and all you did was insult us. Trump tried to tell you and you refused to listen because you were programmed to hate him. I pray that between November mid-terms and 2023 it's not going to be too late to turn this around by voting these demons out of office. And if we manage to do that, will the republicans have the intelligence, drive, integrity to help put our country back on the right track before its too late.

  3. The housing market needs to crash already. Homes are overvalued by 50% across the country. Sucks rents are up too right now. Given the shitastic state of the economy, well let's just say YouTube isn't running out of homeless videos 😥

  4. I wish these wouldn’t always wrap up with a “happy ending”. It really fails to underscore how many of us millennial and gen z would be first time homebuyers, like myself, keep falling short of the mark to “make it” and how we are being squeezed to death between rising interest rates, rising rent costs, crushing amounts of student debt, and inflation. I am losing faith on a daily basis about my ability to ever actually achieve the American dream.

  5. MAGA Fascists will tell you it's President Biden's fault, and that you should vote Republican to fix it. Of course, they absolutely can't tell you what they would do to fix it. I don't know of ANY way to control inflation without raising interest rates. Do you?

  6. Thank your elected democrats and Joe Biden. The trillions dems have spent since Biden hit office has been just such a great booster to the economy. Love how the dems are looking out for their American constituents! Almost 10 trillion spent in 2 years. 1/3 of the entire U.S debt.

    ^ most of that was sarcasm. I’m sure a large amount of dems would rather deal with trumps tweets now vs becoming poor and homeless.

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