Home affordability worsens in U.S. as higher mortgage rates bite

Aug 11, 2022 |

It’s harder than ever to afford a home in the U.S., with higher mortgage rates claiming a bigger share of incomes and prices still rising at double-digit rates across most of the country. The monthly bill on a typical existing single-family home with a 20% down payment jumped to $1,841 in the second quarter, according […more]

Posted in: San Francisco

Comments are closed.