because mortgage rates are so damn high people cant afford to buy a home
Many are just abandoning their homes and moving east.
>>>because mortgage rates are so damn high people cant afford to buy a home>>>
I know everything is relative, but most people don’t remember the early 80s. I was a mortgage underwriter and the interest rate on a home loan was literally, twice what it is today, and even higher. Fixed rate 30 year rates were 12 and 13 per cent. And I was so busy, I had to take files home at night.
Weird times...