Mortgage rates on 30-year, fixed-rate loans rose above 5% this week. That's pushing the cost of buying a home higher and making homeownership unaffordable for more people.
Steven Senne/AP
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Higher mortgage rates and home prices have pushed the monthly payment to buy the median-priced home in the U.S. up more than 50% since the start of last year. Many first-time buyers can't afford it.
NATO General Secretary Jens Stoltenberg speaks during a press conference at the NATO headquarters in Brussels on Tuesday.
Francois Walschaerts/AFP via Getty Images
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Mortgage rates on 30-year, fixed-rate loans rose above 5% this week. That's pushing the cost of buying a home higher and making homeownership unaffordable for more people.
Steven Senne/AP
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