Newsfeed: Housing: Median mortgage payment reaches record high in October
Homebuyer affordability worsened in October as higher mortgage rates pushed the monthly payment to record highs.
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homebuyer affordability
Newsfeed: Housing Market Peaks: Home Prices Finally Drop From All-Time Highs
If it was the Biden admin’s intention to crush the housing market (with the help of the Fed’s rate hikes) and spark a powerful recession just so it can lower inflation, well “mission accomplished.”