The most recent increase in the 30-year fixed-rate mortgage has some experts fearful of a possible housing bubble. Here’s what that could mean for homebuyers
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
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