Mortgage rates just hit a 22-year high—it'll continue to be a ‘drag on home sales,’ Realtor.com chief economist says
"Longer-term, higher mortgage rates are likely to be a drag on home sales as costs put buying out of reach, causing many households to delay plans to move."
![Mortgage rates just hit a 22-year high—it'll continue to be a ‘drag on home sales,’ Realtor.com chief economist says](https://content.fortune.com/wp-content/uploads/2023/09/GettyImages-1460942579-1-e1696008278406.jpg?w=2048#)