Housing Payments Hit 1-Year High, Sending Buyers to the Sidelines
Pending home sales fell for the fifth week in a row, and new listings declined, too. The median U.S. monthly housing payment hit $2,647 during the four weeks ending June 14, its highest level in a year and just about $100 shy of 2023’s all-time high. Housing payments are rising because both home-sale prices and […]…
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