The Mortgage Bankers Association reports the average monthly payment on a new mortgage in July was $1,844, down $49 from June, as mortgage rates and loan amounts edged lower.
Skyrocketing housing costs are driving out the local labor force, leaving all kinds of businesses in the small town short-staffed.
Home prices are at record levels, and mortgage rates are much higher now than they were six months ago.
Homeownership was already out of reach for many young Australians. Then the pandemic hit.
The story of Austin's attempt to build one home for a low-income family in a wealthy neighborhood sheds light on the answer.
A report from the Mortgage Bankers Association says environmental risk will likely lead to higher insurance premiums and loan interest rates.
The bill likely to become law would effectively end single-family-only zoning across the state. But will it ease housing prices?