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Rising mortgage rates hit housing market at bad time for GOP
Original: How rising mortgage rates are hitting the housing market hard — at a terrible time for GOP
Rising mortgage rates are squeezing the US housing market, with higher borrowing costs cooling home sales and affordability. The Hill reports the slowdown comes at a politically damaging moment for Republicans, who face voter frustration over housing costs and the broader economy, turning mortgage rates into a likely campaign issue.
Why now: Mortgage rates climbing during an election-sensitive period makes housing affordability a politically charged topic.
US housing marketRepublican PartyThe Hill
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- How rising mortgage rates are hitting the housing market hard — at a terrible time for GOP · The Hill
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