News Formal

How sky-high mortgage rates are causing housing market chaos, paving the way for a new home boom

  • 📰 cbsaustin
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

New home buyers are struggling to find a pre-existing house that won't break the bank, as inventories are dwindling amid a chronic shortage of homes.

New Homes dot the landscape in Middlesex Township, Pa., on Thursday, Apr. 19, 2023. On Thursday, Freddie Mac reports on this week's average U.S. mortgage rates.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 595. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines