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Mortgage rates continue their upward trajectory as the Federal Reserve signals a more aggressive stance on monetary policy, overall, consumers are spending in sectors that are not interest rate-sensitive, such as travel and dining out. However, rate-sensitive sectors, such as housing, continue to be adversely affected. As a result, would-be homebuyers continue to face the compounding challenges of affordability and low inventory.

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    Quiz

    Are you a quotes master?

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    In which movie does this quote appear: "Houston, we have a problem"?
    A Star Trek Generations
    B Apollo 13
    C Conquest of Space
    D 2001: A Space Odyssey