Reason: None provided.
Interest rates have approximately doubled from 2% to 4-5% for a 10 year. That increase the PI payment by 50%, pushing all houses into a higher income bracket for potential buyers. 30 year rates are nearly
Housing starts in July 22 were down almost 10% from from June 22 and about 9% below July 21.
2 years ago
1 score
Reason: Original
Interest rates have approximately doubled from 2% to 4%+. That increase the PI payment by 50%, pushing all houses into a higher income bracket for potential buyers. Housing starts in July 22 were down almost 10% from from June 22 and about 9% below July 21.
2 years ago
1 score