Mortgage rates were 7% in 1997, too—here’s why buying a home feels more expensive today

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1. CNBC·15:00·9 hr ago

   Mortgage rates were 7% in 1997, too—here’s why buying a home feels more expensive today (opens CNBC in a new tab)

   Even at the same mortgage rate, buying a typical home today eats up a much bigger share of household income than it did 30 years ago.

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