CNBC | US Top News and Analysis Follow Mortgage rates were 7% in 1997, too—here’s why buying a home feels more expensive today 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. https://www.cnbc.com/make-it/2026/11/12/mortgage-rates-home-affordability-1997.html cnbc.com
