Homebuyers faced surging costs, fees and monthly payments in 2022. And lenders denied prospective borrowers far more often last year, per a CFPB report.
Mortgage costs, lender denials jumped in 2022: CFPB housingwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from housingwire.com Daily Mail and Mail on Sunday newspapers.
The Federal Open Markets Committee paused its interest-rate hikes on Wednesday for the second time this year. However, the door remains open for another increase as early as November.