The 30-year fixed mortgage rate crossed a crucial 5% threshold at the start of April, and prices for building materials like lumber are beginning to decline
Prices and lead times for traditional building materials continue to increase across the globe, but natural products and alternative construction methods may offer a solution
Home builders are still working to resolve a housing shortage that began in 2008, but pandemic-related supply chain disruptions are only making matters worse
Prospective buyers entering the housing market are finding supercharged prices, inadequate supply, and an affordability crisis worsened by rising mortgage rates