Mortgage Rates Remain Above 7%, Pushing Home Prices Lower in Some Areas

The New York Times – Business:

The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas.

Gregory Schmidt
Author: Gregory Schmidt

This post first appeared in The New York Times – Business. Read the original article.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *