Mortgage rates increase for fourth consecutive week, impacting home affordability in the US.
Mortgage rates have increased for the fourth consecutive week, further impacting home affordability in the U.S. This trend is raising concerns among potential homebuyers as higher rates can lead to increased monthly payments. The ongoing rise in mortgage rates highlights the challenges faced in the housing market, as affordability remains a pressing issue for many Americans seeking to purchase homes.
October 24, 2024
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