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The average rate on the 30-year fixed loan rose 7 basis points Tuesday to 6.75%. CNBC's Diana Olick has the details. Read more at the #linkinbio or the link on screen. #CNBC
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Rent is not “cheap” anymore… and in many cases, your monthly rent may be close to what a mortgage payment could look like. The difference? When you rent, you’re helping your landlord build equity. When you own, you’re building your own. Now, this doesn’t mean everyone should buy today. You still need to look at: ✅ Down payment ✅ Credit score ✅ Interest rate ✅ Property taxes ✅ Insurance ✅ HOA ✅ Maintenance ✅ Your long-term plans But if you’re paying $2,000, $2,500, or $3,000 in rent every month,
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