Big Affordability Issues Despite Low Interest Rates
Despite low interest rates, many home buyers are being priced out of the market. The red hot housing market, fueled by the pandemic, has resulted in home values increasing across the country and pricing many out of homeownership. And it isn’t just homeownership that is becoming less affordable, rent is also becoming less and less affordable for many families across the country.
For more information, please read the full article by CNBC here.