Off The Charts-Navigating Mortgage Rates

FILE - In this March 21, 2021 file photo, a "For Sale" sign stands along side a building lot in Wheeling, Ill. Mortgage rates are more than double what they were a year ago, so many homebuyers are looking for ways to put off some of the pain for a few years. The trend is driving adjustable-rate mortgages, or ARMs, to the highest usage in over a decade.

LOS ANGELES (AP) — Mortgage rates are more than double what they were a year ago, so many homebuyers are looking for ways to put off some of the pain for a few years.

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