Mortgage rates hit 23year high which may deter some Austin homebuyers

Mortgage rates hit 23year high which may deter some Austin homebuyers

AUSTIN (KXAN) – The average long-term mortgage rate has risen to 7.57%, reaching a 23-year high, according to the Austin Board of Realtors. Rates may even breach 8%, increasing the income a family unit would need to earn to comfortably afford a typical home, according to Zillow. At the current…Read More

Leave a Reply

Your email address will not be published. Required fields are marked *