What Recent Drop In The Housing Affordability Index Means, One Funding Source Isn't Enough, Mortgage Rates Hit Historic High

What Recent Drop In The Housing Affordability Index Means

Real Estate Tip:

Line up multiple potential funding sources beforehand as you plan a property rehab or renovation

Real Estate Insight:

The average rate on a 30-year fixed mortgage climbed to 6.02%, up from 2.86% a year ago-the first time since 2008, the average 30-year fixed mortgage interest rate has hit 6%