Joe Dalesandro
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Joe Dalesandro is a 77-year-old retired individual who purchased a home in Myrtle Beach, South Carolina, expecting mortgage rates to fall. However, he has been surprised by the persistence of high interest rates and has struggled with increased costs of homeownership due to inflation.
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Joe Dalesandro didn’t expect to keep his mortgage rate at 6.99% for very long when he purchased a new home with his girlfriend last summer in Myrtle Beach, South Carolina.
They bought a house expecting mortgage rates to fall. They’re still waitingCNN·
United States· 2025-07-17
United States· 2025-07-17
