Housing affordability drops to lowest stage since 2006

Housing affordability drops to lowest stage since 2006

Could well also changed into the costliest month for attainable traders to buy a home since 2006 because of file home costs and surging mortgage rates. The affordability disaster is prompting extra traders to present up on their quest for home possession, and pressuring sellers to rethink their asking costs. NerdWallet mortgage reporter Holden Lewis joined CBS Facts’ Tanya Rivero and Elaine Quijano to focus on.

#housingmarket #housing #mortgage

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