Rising Mortgage Rates Reshape Housing Market in 2023, Predictions for 2024
The 2023 housing market witnessed a seismic shift driven by a 30-year high in mortgage interest rates. This dramatic climb, exceeding market forecasts, significantly impacted affordability and buyer demand, sending ripples across the industry. Let’s delve deeper into the ramifications and what the future holds in 2024. Affordability Under Pressure: Rising rates translated to a […]
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