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A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily. That’s down from a rate of 6.76% on Friday and a recent high of 7.05% last Wednesday. Mortgage
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The first annual drop in US home prices since 2012. US and Germany are at risk of a severe home price correction. And the US house price-to-income ratio in 2022 surpassed its peak level while local incomes no longer support inflated housing prices. is it all going down? Link to article: https://www.redfin.com/news/housing-market-update-home-sale-prices-fall-first-time/ To schedule a
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