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High mortgage rates are deepening a 'K-shaped' housing market

The Daily Caller reports median net worth for people under thirty-five plunged twenty-three percent, as older Americans collect bigger checks; the market has split in two.

Photo: Sarah Joy from United Kingdom · Public domain · Wikimedia Commons · altered by BBN
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Watch it as it aired: Gloria Vance and Dale Bearman on this story, from The Midday Show at 12:09 PM ET. Cartoon anchors, real headline: the facts are CNN's, the jokes are ours.

Photo: Mortgage
Photo: Sarah Joy from United Kingdom · Public domain · Wikimedia Commons · altered by BBN

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  1. Gloria Vance · World News AnchorHigh mortgage rates are deepening what CNN calls a K-shaped housing market, where one group climbs and the other slides.

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