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In a one-two punch for buyers, home prices rise as mortgage rates soar

In a one-two punch for buyers, home prices rise as mortgage rates soar
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Home sales stuck: Inventory is low, mortgage rates are highest in 20 years

Home sales stuck: Inventory is low, mortgage rates are highest in 20 years
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Home prices rise as mortgage rates soar

Homebuyers are feeling an ever-tightening squeeze as mortgage rates surpass 7% and home prices stay stubbornly elevated, with the average monthly mortgage payment now 18% higher than a year ago.

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In a one-two punch for buyers, home prices rise as mortgage rates soar

First-time buyers face exceptional pressures as the growth in home prices outpaces income gains and homeowners who locked in rock-bottom mortgage rates are reluctant to move.

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Home prices keep sliding — but it s still a frustratingly tough time to buy

Home prices keep sliding — but it s still a frustratingly tough time to buy
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