Don’t fall for zombie mortgages: Data and advice for prospective home buyers

Today On Deadline is looking at the housing market, which could be on the verge of offering relief after more than a year of struggle for prospective buyers who’ve had to weather a volatile market with high mortgage rates and record prices. The first step in the positive direction came last week when the average mortgage rate for a 30-year fixed loan fell below 6.5% for the first time in 15 months. But there are still complications, including zombie mortgages and more. 'On Deadline' is hosted and produced by Lauren Barry. It's also produced by Joe Hiti, Christy Strawser. Sound design by Joe Hiti.