Mortgage Rates Close In on 4%, Making Home Affordability Tougher - WSJ

Higher rates, coupled with continued growth in prices, are pushing some would-be home buyers to the sidelines.

No mention of how higher prices balances supply and demand and stabilizes the market. Just another woe is me story.

Maybe purchasing a six-figure asset should be harder than buying groceries at Walmart. The stability of the economy, as well as families, depends on the ability to fulfill mortgage obligations on a monthly basis over the long term.

What’s worse, not being able to buy a house, or buying a house and losing everything in foreclosure?