High mortgage rates continue to pressure the housing market, as the sector undergoes a deep slow down after two years of blockbuster growth.
The 30-year broke 7% for the first time since April 2002, Sam Khater, chief economist at Freddie Mac, said in a statement, “leading to greater stagnation in the housing market.”
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Build Back Better POTUS I’d like to but I can’t afford to. BidenInflation BidenEconomy BidenGasHike I’m done paying for my children’s student loans so I am ready to pay for someone else’s. Can I have some more please?
Thank you democrats! Next plateau is 9%…