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.
15 major U.S. cities where starter homes can be found for less than $230,000 As home prices continue to rise, a starter home in a major city might seem more like