Learn English: House Hunting? High Prices This Summer! (easy)

23 hours, 1 minute ago

House Hunting? High Prices This Summer!

Buying a house is harder this summer because the money to borrow costs a lot.

The price to borrow money for a long time is around 7%, making houses expensive.

The grown-ups who decide about money probably won't change the price soon.

So, if you want a house, it will probably cost a lot of money for a long time.

Learn English with En30s

Our simplified news summaries make learning English easy and efficient. Whether you're a beginner or an advanced learner, we have the right level for you. Choose from our easy, normal, or hard summaries and improve your English skills today!

Other difficulties

Source

Original: CNET

Tags

#mortgage rates #housing market #federal reserve #interest rates #economy

Other Technology

Download En30s from Google Play