Soaring Mortgage Rates Push Homeownership Out of Reach for Average...

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2025-04-13 10:00:05

Soaring Mortgage Rates Push Homeownership Out of Reach for Average Earners, Redfin Data Shows

U.S. homebuyers now need to earn $50,000 more than renters to afford a typical mortgage as rates spike past 7 percent, fueled by rising Treasury yields and economic uncertainty. By yourNEWS Media Newsroom…

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