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Rents in Manhattan reached another record high in July, nearing $6,000 a month. At the same time, rent prices in other parts of the country are cooling.
[laughter] i really hope you come back with some. i ll work on it. i promise, i ll work on it. aishah: hey, good to see you. happy saturday. griff: great segment, mitch and aishah. new music phenomenon oliver anthony, he s speaking out over what a he thinks both republicans and democrats get wrong about his working class message. that s next. veterans, if you re applying for a home loan to get cash.surprise. some lenders charge hundreds upfront for your appraisal and other fees.
A new gallup poll found 46% of americans feel san francisco is not a safe place to live or visit. griff? griff: disturbing story. christina coleman, thank you. we ll follow that. aishah? aishah: well, mortgage rate averages are hitting their highest level since 2001. take a look at this, they re now reaching 7.23%, incredible. that is shutting many hopeful homeowners out there out of the market. for more on this, we re joined by madison ventures plus principal mitch roschelle. mitch, thanks so much for joining us. this is so painful to hear about but also so painful for folks out there that just want to achieve the american dream. i want to put up really quickly this chart that shows how we got here. so there we are at now 7%, over 7%, for a mortgage rate. we re just about two years ago, i shed a tear, because i m looking at 2 or 3 or 4%.