‘Something big’ just happened in the US housing market, says real estate CEO. And it could mean the difference between being able to buy a house or not
During the post-pandemic housing market, homebuyers enjoyed sub-3% rates, leading to a wave of home buying among younger generations. But over the next few years, the American dream crumbled as mortgage rates and home prices rose, and inflation and wage stagnation set in. This meant that more US homeowners had mortgage rates below 3% compared … Read more