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Terry Savage: Is housing about to become more affordable?
Current ~6% mortgage rates and seller reluctance to trade older ~3% mortgages are limiting housing affordability by reducing market supply, experts say.
Summary by The Billings Gazette
6 Articles
6 Articles
The Billings Gazette+5 Reposted by 5 other sources
Terry Savage: Is housing about to become more affordable?
With so much attention focused on the stock market, the housing market has faded into the background a bit. Sellers are reluctant to give up their older 3% mortgages to buy another, more expensive house. And as they pass on,…
·Billings, United States
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Total News Sources6
Leaning Left0Leaning Right0Center6Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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