US 30-year mortgage rates have hit 7.29%

April 25, 2024 9:19 am by CWR

Sharing is Caring!

The cost of a mortgage payment has risen 57% over the past two years, whereas household income has only grown 9%. This level of affordability is typically not sustainable: t.co/SwtLfrB2Mc

— Reef Insights (@ReefInsights) April 24, 2024

See also Yen needed BoJ rate hikes two years ago—interventions now prove ineffective.

See also Canada's household debt reaches 174.6% of gross income, making it more sensitive to interest rates than the U.S.

Views: 122

Leave a Comment Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.