High Housing Payments Are Slowing Home Sales, But Buyers Could Get Relief Soon
In Los Angeles, demand for rentals is spiking as residents displaced by wildfires search for housing. The median U.S. monthly housing payment is $2,686, the highest level in nearly seven months, as of the four weeks ending January 19. Housing costs are high because of rising mortgage rates and home prices: The weekly average mortgage … Continue reading High Housing Payments Are Slowing Home Sales, But Buyers Could Get Relief Soon
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