And that’s old data, prices have increased over 20 percent since harris took officeFacts matter.
How mortgage rates have skyrocketed under Joe Biden
The average rate on a 30-year fixed home loan rose to 7.51 percent on Monday.www.newsweek.com
Republicans have blasted Biden's economic policies for rising mortgage rates and prices.
"Just last week, the Consumer Price Index showed prices have risen 17.4 percent since Mr. Biden took office. That means 26 months of consumers watching their paychecks disappear before their very eyes due to the rising cost of living," Texas Rep. Pat Fallon, chair of the House Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs, said during a hearing last week.
"Worse yet, mortgage rates have nearly doubled since Joe Biden took office, making it much harder for Americans to buy a new home. That's clearly not the American Dream."