‘Unhealthy & unsustainable’: Homebuyers aren’t buying & homebuilders aren’t building in the face of untamed mortgage rates
From 3.09% to 6.94% in one year & set to catapult even higher before New Years. In 1981, the average mortgage interest rate shot up to 18.45%
‘Unhealthy and unsustainable’: Homebuyers aren’t buying and homebuilders aren’t building in the face of untamed mortgage rates
Nancy Sarnoff
Sat, October 22, 2022 at 8:00 AM·5 min read
‘Unhealthy and unsu…
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