Mortgage interest rates are getting worse, and buyers hoping for relief could be in for a rude awakening. I break down what’s pushing rates higher, how the bond market and our $40 trillion national debt play into it, and what could take mortgage rates toward 9% or back toward 6%. Higher rates are also putting pressure on sellers to cut prices and offer concessions, but will those savings be enough to offset the payment? Here’s what you need to understand before deciding to buy or wait.