Hard to buy, harder to rent

Why Buying a Home Just Got Even Harder

(AURN News) — Buying a home just got even harder as mortgage rates jumped sharply and bond market volatility returned in force. According to a report by Mortgage News Daily, the 10-year Treasury saw the biggest week-over-week increase since 1981, a move that quickly rippled through lending rates. Lenders have now raised the typical rate for a 30-year fixed conventional mortgage to 7.125%, the outlet reports. That’s a half percentage point higher…

Hard to buy, harder to rent

The increase in the sale and rental prices of houses in Greece in recent years has been large and disproportionate to the disposable income of households, resulting in a significant financial burden on citizens, according to a QED survey on affordable housing on behalf of Alpha Bank.