Why it's getting even harder to keep a roof over your head
CNN
Americans looking to buy or rent a home have had a rough year.
Rents are up by double-digit percentages in some cities. Meanwhile, buying a home is the most unaffordable it has been since the mid-1980s. Mortgage rates have surpassed 6% and home prices remain just off the record highs hit in recent months, pricing many prospective homebuyers out of the market.
And while there are some signs of cooling in the market, it doesn't look like there will be much relief in sight for home buyers.
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