Family budgets feel the squeeze as climbing mortgage rates and a cooling job market add pressure.

Today, the financial picture feels strained as borrowing costs squeeze family budgets. CBS MoneyWatch reported that mortgage rates just hit three-year highs, adding pressure alongside a weak Bureau of Labor Statistics print showing unemployment rising to 4.2%. Over on r/FirstTimeHomeBuyer, shoppers are seeing lenders move the goalposts mid-deal, keeping families on edge.