The Aporia
The Aporia
4 articles about 4 events for “US Mortgage Rates Rise” from New York Post.
“Sales of previously occupied US homes rose in September from the previous month, but slowed compared to a year ago, the latest sign the housing market remains stalled as rising mortgage rates and home prices discourage prospective homebuyers.”
“To bring affordability back to its 40-year average, ICE estimates mortgage rates would need to fall 2.6 percentage points, household incomes would need to rise 32%, home prices would need to drop 24% — or some combination of the three.”
““Rising mortgage rates make rental prices rise,””
“Mortgage rates climbed for the fourth week in a row, driving the average long-term US home loan rate to just below 7%, its highest level in over 19 months.”