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Home Prices Fall While Mortgage Rates Keep Rising
Original: Home Prices Are FALLING, Mortgage Rates Are RISING (Here’s What to Know)
US housing market watchers are confronting an unusual combination: home prices are declining in many markets at the same time mortgage rates continue climbing. The trend is drawing attention from prospective buyers wondering whether to wait, homeowners worried about their equity, and analysts debating how long the squeeze will last. Commentators are urging people to weigh affordability, rate trends and local conditions before making decisions in this uncertain housing environment.
Why now: Buyers and homeowners are anxious about affordability as the housing market shifts in a way that challenges expectations.
US housing marketmortgage rates
Evidence
- Home Prices Are FALLING, Mortgage Rates Are RISING (Here’s What to Know) · The Money Guy Show · 105.1K
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