The Impact of Climbing Mortgage Rates on Home Buyers and the Housing Market
TL;DR Summary
Existing-home sales for September are expected to show a significant slump to the lowest level in over a decade, as climbing mortgage rates deter home buyers. This downward trend in sales is likely to continue, posing further challenges for the real estate market.
- Climbing Mortgage Rates Are Keeping Home Buyers Away. Brace for Another Hit. - Barrons Barron's
- Home Sales on Track for Slowest Year Since Housing Bust The Wall Street Journal
- Posthaste: Cooling housing market could spur Bank of Canada to cut rates sooner, says economist Yahoo Canada Finance
- House Prices Are Falling. Here's Where Newsweek
- Why You're Having Trouble Buying a New Home GOBankingRates
- View Full Coverage on Google News
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