The Homebuyer Blues
October 30, 2023 at 14:23 PM EDT
House hunters are facing a shocking number these days. Pity today’s homebuyers who are looking at an average monthly mortgage payment just shy of $2,900. The reason? The average rate for the benchmark 30-year fixed mortgage recently crossed 8% for the first time since 2000 – which, combined with stubbornly high housing prices driven by [...] The post The Homebuyer Blues appeared first on ETF Trends .
