US Mortgage Rates Back at 7%, Gap Between Cost To Buy Or Rent A House Hits New Record

Mortgage rates in the United States have surged back up to 7% for the 30-year fixed rate, indicating another potential collapse in homebuyer demand and urging sellers to prepare for price cuts during the summer.  The recent increase in mortgage rates poses a significant challenge for prospective homebuyers, limiting their affordability and ability to qualify … Continue reading US Mortgage Rates Back at 7%, Gap Between Cost To Buy Or Rent A House Hits New Record