Rising mortgage rates are causing a downturn in the home sales market, specifically impacting the fix-and-flip market and overall buyer sentiment.
1 report, 1 independent
Updated Aug 17
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What happened
Rising mortgage rates are causing a downturn in the home sales market, specifically impacting the fix-and-flip market and overall buyer sentiment.
How it developed
Newest first. Tap a step to see who reported it.- High mortgage rates are negatively impacting the housing market, causing buyer affordability issues and slowing overall economic activity.Sub-event
Rising mortgage rates are suppressing home sales and market sentiment in the fix-and-flip market.1 source