Rising Interest Rates Put Buyers of Unfinished Homes in Financial Jeopardy

NPR, June 29, 2022–Chris Arnold
Mortgage rates have been rising sharply as supply chain delays have slowed construction. That has many people in a costly bind – some can’t afford the house they agreed to buy 6 months ago.
https://www.npr.org/2022/06/29/1107292871/the-pain-of-rising-mortgage-rates-when-youre-waiting-for-your-home-to-be-built