
Homebuyers Lose $33,000 in Purchasing Power in 6 Weeks as Mortgage Rates Reach 7%
(NASDAQ: RDFN) — Rising mortgage rates have significantly impacted homebuyers’ purchasing power, with a buyer on a $3,000 monthly budget losing $33,250 over the past six weeks. As the 30-year fixed mortgage rate reached 7% on October 28, Redfin (redfin.com),…















