Housing affordability drops to lowest level since 2006

Housing affordability drops to lowest level since 2006

Would possibly well used to be essentially the most costly month for doable merchants to aquire a home since 2006 due to the file home prices and surging mortgage rates. The affordability disaster is prompting more merchants to provide up on their quest for home possession, and pressuring sellers to rethink their asking prices. NerdWallet mortgage reporter Holden Lewis joined CBS Files’ Tanya Rivero and Elaine Quijano to focus on about.

#housingmarket #housing #mortgage

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