Rising US Housing Costs and Worsening Affordability
- 1Cotality reported that housing affordability data has risen.
- 2Apartment List stated that 52% of renters nationwide feel the cost burden.
- 3Mortgage News Daily reported that average 30-year fixed mortgage rates have far exceeded 7.5%.
So what's the key point?
The cost burden for renters in the US has increased. This is because more than half of renters feel the pressure and mortgage rates have risen above 7.5%.
Source CNBC · View original ↗
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