Housing affordability drops to lowest stage since 2006

Housing affordability drops to lowest stage since 2006

Would possibly maybe maybe changed into the most pricey month for seemingly traders to retract a house since 2006 on account of epic dwelling costs and surging mortgage charges. The affordability crisis is prompting more traders to quit on their quest for dwelling ownership, and pressuring sellers to rethink their asking costs. NerdWallet mortgage reporter Holden Lewis joined CBS News’ Tanya Rivero and Elaine Quijano to debate.

#housingmarket #housing #mortgage

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