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Mortgage rates surge to 8% amid record low supply of homes for sale
Oct. 31, 202301:50
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Nightly News

Mortgage rates surge to 8% amid record low supply of homes for sale

01:50

Over just two years, mortgage rates have surged from 3% to 8%, which can add nearly $1,000 to the monthly payment on a median priced home. The supply of homes for sale has hit a record low, leaving many potential homebuyers anxious over when the best time will be to buy a home. CNBC’s Diana Olick reports.Oct. 31, 2023

Get more newsMortgage rates surge to 8% amid record low supply of homes for saleNBC News LogoSearchSearchLiveLiveNBC News LogoToday Logo - Analysis & Updates [2026-05-17] | Latest News Todayon
  • UP NEXT

    Mass casualty explosion at Maine lumber mill

    01:33

  • Reflecting on high stakes week in Beijing

    01:39

  • Chinese young adults talk about views on America

    03:20

  • Trump’s high-stakes summit in China

    02:28

  • U.S. seeks to indict Cuba’s Raul Castro

    01:52

  • Iran-linked suspect accused of terror plots on Jewish sites in U.S.

    01:46
Get more newsMortgage rates surge to 8% amid record low supply of homes for saleNBC News LogoSearchSearchLiveLiveNBC News LogoToday Logo - Analysis & Updates [2026-05-17] | Latest News Todayon

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Last Updated: Sunday, May 17, 2026 at 03:05 PM
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Latest News Today provides comprehensive coverage and analysis of breaking news stories. This article is part of our ongoing coverage of mortgage rates surge to 8 amid record low supply of homes for sale 196815429813, bringing you verified information from trusted sources with added context and expert perspective.

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