Is the rent going to keep going up like this forever? Can it even do that? This is an important question because rents are rising a lot faster than wages, and are taking an increasingly big bite out of our bank accounts. For America’s 120 million renters, it’s tough to take. We keep seeing reports […] This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc.
/PRNewswire/ The housing market continued to cool in September, though rebalancing from monumental appreciation is producing vastly different conditions.
In addition to affordability challenges, recent volatility in mortgage rates is making it difficult for many borrowers to qualify for a loan or even plan for their purchase. "Substantial day-to-day and week-to-week rate movements mean that many potential buyers are able to qualify for a loan one week, but not the next, or vice versa,"In addition to affordability challenges, recent volatility in mortgage rates is making it difficult for many borrowers to qualify for a loan or even plan for their purchase. "Substantial day-to-day and week-to-week rate movements mean that many potential buyers are able to qualify for a loan one week, but not the next, or vice versa," » The FINANCIAL America