Highest mortgage rates since 2008 housing crisis cooling sales
The jump in borrowing costs, adding hundreds to the typical mortgage payment, has pushed wishful buyers past their financial limits. | realestate.boston.com
Source: boston.com
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The jump in borrowing costs, adding hundreds to the typical mortgage payment, has pushed wishful buyers past their financial limits. | realestate.boston.com
As the Federal Reserve tries to fight high inflation, costly mortgage rates have begun to price people out of the housing market.
Spokane's leaders have spent decades trying to convince out-of-town professionals and businesses that it would be a great place to move. Now their wish has been granted, and the city is grappling with the consequences.