October 27, 2025 at 11:40 AM EDT High mortgage rates are just one factor contributing to the housing affordability crisis. Mortgage rates have remained stubbornly high: hovering at more than 6%, well above the sub-3% rates during the pandemic. That makes homeownership increasingly unaffordable for many Americans, as home prices have risen more than 50% since 2020. During the pandemic, home buyers got accustomed to sub-3% mortgage rates, which made purchasing a house feel more achievable. But in
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Scooped by
Enzo Calamo
onto Real Estate Report October 28, 9:50 AM
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