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The cost of buying a home in metro Atlanta is now officially considered to be unaffordable, according to the Federal Reserve Bank of Atlanta. The branch’s Home Ownership Affordability Monitor, uses median income for the area, home prices…
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Today’s mortgage and refinance rates Average mortgage rates soared yesterday. And this week has been the worst one for mortgage rates since 1998, according to Mortgage News Daily (MND). Often after such mayhem, markets pause and mortgage…
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Homeowners are opting to stay in place amid rising interest rates and economic uncertainty, bringing housing costs to new heights, Redfin reported. The number of active home listings dropped to 469,304 in the four-week period ending March…
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