Housing Costs and Low Inventory Threaten Affordability for Millennials
Mortgages are getting more expensive and demand is still high. It could make it harder for millennials during their prime homebuying years.
Source: businessinsider.com
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45 million millennials are ready to buy a home, but the timing is terrible
Couple moving into new flat. Getty Images Mortgage rates reached the highest level since March 2020. Inflation will put pressure on mortgage rates
Source: businessinsider.com.au
Does something have to give in housing market?
Today, first-time homebuyers in once-affordable markets have competition from all kinds of sources that didn’t exist a generation ago.
Source: finance-commerce.com
It's looking more and more like 2022 is a much better time to buy a house — with one big catch
People walk by a sold sign in front of a house along the Erie Canal in Pittsford, New York, on Monday, Sept. 6, 2021. Ted Shaffrey/AP Photo After a
Source: businessinsider.com.au
Inflation is back in a big way: What that means for borrowers and mortgages
Jeff Ostrowski, Bankrate.com Inflation hit 6.8% in November, its loftiest level since the long-ago era of Reaganomics and America’s war on inflation. If prices continue to soar, mortgage rates will head higher, too. But there’s a silver lining to this cloud for borrowers as well. Today’s combination
Source: dailyrepublic.com