© 2026 WFAE

Mailing Address:
WFAE 90.7
P.O. Box 896890
Charlotte, NC 28289-6890
Tax ID: 56-1803808
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

The rising cost of borrowing piles more financial pressure onto consumers

Mortgage rates are at their highest level in almost three years. The rising cost of borrowing is driving life's major purchases further out of reach.

Copyright 2026 NPR

Tags
Morning EditionAll Things ConsideredNational & International Business News
Stephan Bisaha