
Are rates going to 8 or 9%
The dream of homeownership often comes with a financial roadmap, carefully planned out to fit within a comfortable budget. But what happens when the very ground beneath that roadmap shifts unexpectedly? Lately, the housing market has felt like a rollercoaster, with mortgage rates climbing higher than many anticipated. This upward trend isn't just a number on a screen; it's a tangible force making homes that once seemed perfectly affordable suddenly feel out of reach for many prospective buyers. With rates going up, it is making homes unaffordable at the prices they are at now, creating a…
The skinny
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