Mortgage Rates Have Risen Yet Again, but Homebuyer Competition Is Heating Up
For the week ending Aug. 3, the average 30-year, fixed mortgage rate rose to 6.9%, up from the previous week’s 6.81%, and for the week ending July 29, median home listing prices also rose on a year-over-year basis. An ongoing affordability crisis is stalling a growing share of budget-conscious homebuyers, but not all are demonstratingRead …
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