The effects of high mortgage rates on home purchases in the U.S.
In October 2023, home sales in the United States dropped to its lowest since October 2010. This is essentially due to the thirty-year mortgage rates climbing to its highest in more than twenty years. National interest rates tracker by Forbes pegged the thirty-year mortgage rates at 7.74%, up from... more
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by Biazowa - December 3, 2023
- Market Trends, Mortgage