The Myth of the 'Forever Home' in the US Housing Market: Factors Influencing Renters' Decision to Continue Renting Instead of Buying Homes on Nostr: The Impact of High Mortgage Rates on Homebuyers' Decision-Making =============== ...
The Impact of High Mortgage Rates on Homebuyers' Decision-Making
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#b15ff15f ver:0.19
71% of US homebuyers are waiting for interest rates to fall before entering the market, up from 64% last year. However, the Federal Reserve is unlikely to cut rates soon, so buyers may have to wait until autumn. Rachel Clark advises buyers to focus on monthly payments rather than rates, as waiting could result in higher costs. Despite challenges, 67% of Americans aspire to own a home, but 73% feel it's unattainable. To navigate the market, the Bank of Montreal suggests using a mortgage advisor. #Homebuyers #MortgageRates #Homeownership...
#newstr #Mortgagerates #Mortgagenews
https://here.news/story/b15ff15f?ver=0.19
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#b15ff15f ver:0.19
71% of US homebuyers are waiting for interest rates to fall before entering the market, up from 64% last year. However, the Federal Reserve is unlikely to cut rates soon, so buyers may have to wait until autumn. Rachel Clark advises buyers to focus on monthly payments rather than rates, as waiting could result in higher costs. Despite challenges, 67% of Americans aspire to own a home, but 73% feel it's unattainable. To navigate the market, the Bank of Montreal suggests using a mortgage advisor. #Homebuyers #MortgageRates #Homeownership...
#newstr #Mortgagerates #Mortgagenews
https://here.news/story/b15ff15f?ver=0.19