As much of the country swelters under a heat dome, the housing market is experiencing its own meltdown.
Mortgage rates jumped to 6.81% for a 30-year fixed-rate loan for the week ending July 27, according to Freddie Mac. That’s up from last week’s average rate of 6.78%. And the welcome run of median home pricesdeclining for 42 days flatlined for the week ending July 22.
In from Realtor.com by Margaret Heidenry Spring’s Housing Market Is About To Reach a Peak With ‘Outsized Impact’ Buyers Really Need Right Now As strange as the housing market has