Finally, America’s housing market is starting to loosen up. But it’ll be a bumpy road back
Elevated mortgage rates and home prices have pushed prospective homebuyers to the sidelines. In addition, homeowners have been reluctant to put their properties on the market and risk potentially forfeiting the ultra-low mortgage rates they locked in during the pandemic. But anticipation that the Federal Reserve will start cutting interest rates soon is breathing new life into it. […]
