Housing affordability drops to lowest level since 2006

Housing affordability drops to lowest level since 2006

Might perhaps presumably maybe also was as soon as the most costly month for doable merchants to grab a home since 2006 due to file home prices and surging mortgage charges. The affordability crisis is prompting extra merchants to present up on their quest for home ownership, and pressuring sellers to rethink their asking prices. NerdWallet mortgage reporter Holden Lewis joined CBS News’ Tanya Rivero and Elaine Quijano to chat about.

#housingmarket #housing #mortgage

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