Tag: risen
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REVEALED: How average mortgage payments on a new home have risen 90% since Biden took office – but experts warn buyers not to hold off in the hope of costs falling since high interest rates are here to stay
Homeownership is becoming a pipe dream for most Americans, as average monthly mortgage payments are now nearly double what they were when Biden took office. Interest rates above 7 percent and rising home prices mean buyers are facing one of the least affordable markets in recent history. Analysis even shows that it makes more financial…