TELL US: How would you prefer your tax dollars be spent — funding more prisons or funding programs to help individuals?You can be a part of history! FSCJ wants the community to vote for the school’s new official mascotA sale sign stands outside a condominium complex along Speer Boulevard Wednesday, Sept. 27, 2023, in Denver. On Thursday, Freddie Mac reports on this week's average U.S. mortgage rates.
High rates can add hundreds of dollars a month in costs for borrowers, limiting how much they can afford in a market already out of reach for many Americans. They also discourage homeowners who locked in rock-bottom rates two years ago from selling. The average rate on a 30-year mortgage is now more than double what it was two years ago, when it was just 3.05%.
“Though buyers have shown signs of adjusting to the higher-rate environment, limited inventory has kept home prices elevated, cutting further into the buying power of shoppers hoping to find a suitable home,” said Hannah Jones, senior economic research analyst at Realtor.com.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: AP - 🏆 728. / 51 Read more »