Tag: Federal Interest Rates
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Frustrated Home Buyer? It’s Not You. Affordability Is the Worst It’s Been in a Century
Given today’s incomes, mortgage interest rates, and the prices on homes, we just had the least affordable month for U.S. housing in our century. September 2023 was the second record-breaking month this year. We might be headed for a third record before the year’s over. In fact, the last time it was this hard…