As home prices continue to grow—albeit at a slower pace—Americans are set to see their purchasing power shrink. And unlike in the past, they won’t be able to rely on falling mortgage rates to bail them out.
The post America’s 40-Year Housing Market ‘Tailwind’ Could Be Coming to an End—With Rising Mortgage Rates and Worsening Affordability appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/trends/americas-40-year-housing-market-tailwind-could-be-coming-to-an-end/
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