Is a more affordable housing market on the horizon?
Mortgage rates have eased sharply from their recent peaks, offering some relief to buyers and refinancing opportunities for homeowners who have been "stuck" in the so-called "golden handcuff effect," but industry experts are still warning that getting back to a path of true affordability will take time.Since interest rates spiked after the COVID-19 pandemic housing boom, there has been little movement in the market. Homeowners were unwilling to sell because […]
