Businessweek

It Really Is ‘Almost Impossible’ for New Homebuyers

Plus: The investor trying to rehab crypto’s image.

Hopeful homeowners in Miami.

Photographer: Joe Raedle/Getty Images

As the Fed maintains its hold on interest rates, mortgages keep climbing. Patrick Clark and Prashant Gopal explain just how hard it is to buy a house today. Plus: A walk with Silicon Valley’s most powerful crypto investor. If, as ever, this email was forwarded to you, click here to sign up.

But first …