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MoneyWatch: Prospective homebuyers put down payments on ice as mortgage rates rise

Name: MoneyWatch: Prospective homebuyers put down payments on ice as mortgage rates rise
Uploaded: 2022-10-21T12:42:45-0400
Duration: 5 min 22 s
Description: Rising mortgage rates are pressuring some prospective homebuyers to put the cash they've saved up for a down payment off to the side. CBS News' Elaine Quijano and Tony Dokoupil speak with James Faris, investment reporter at Insider, about what to do with that hard-earned money.

Rising mortgage rates are pressuring some prospective homebuyers to put the cash they've saved up for a down payment off to the side. CBS News' Elaine Quijano and Tony Dokoupil speak with James Faris, investment reporter at Insider, about what to do with that hard-earned money.