The housing affordability gap is wider than ever

The housing affordability gap is wider than ever

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The U.S. housing market is in shambles. Rising interest rates have made the dream of owning a home ever distant for a growing number of Americans. The number of homes sold in June fell 15.6% year over year to 520,504 as the national average 30 year fixed rate mortgage has grown 1.2% to 6.7% over…

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