Mortgage rates are nearing 7%. One house hunter says he's "despondent."

CBS News•Fri, Sep 18, 2026, 08:37 PM•2 min read

"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.

Source: [CBS News](https://www.cbsnews.com/news/mortgage-rates-near-7-percent-homebuyers/)

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