A homebuyer on a $3,000 monthly budget has lost nearly $40,000 in purchasing power over the last year, as mortgage rates have risen from around 6.5% in October 2022 to nearly 8% today. The glimmer of hope for the housing market: a small September uptick in new listings.  Mortgage rates hit their highest level in … Continue reading Housing Market Update: New Listings Hold Up As Mortgage Rates Soar Toward 8%