The 30-year fixed mortgage rate rose to 6.52%, inflation hit a three-year high, and higher rates are slowing inventory growth. Prices are declining, pending sales rising, but inflation outpacing wages may reduce housing demand.
The 30-year fixed mortgage rate rose to 6.52%, inflation hit a three-year high, and higher rates are slowing inventory growth. Prices are declining, pending sales rising, but inflation outpacing wages may reduce housing demand.
