
The struggle is real: how homeowners are coping with soaring mortgage rates
Stress Test
Financial Challenges and Anxiety
This chapter discusses the financial challenges faced by homeowners due to declining property value and soaring mortgage rates, causing anxiety and stress. It explores the regrets of not buying during a buyer's market and the impact of mortgage renewal on monthly payments. The speaker shares their experience of prioritizing family responsibilities over mortgage worries, highlighting the strain on finances.
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