Housing Market Update: $2,500 Monthly Budget Buys a $400,000 Home For First Time Since September As Rates Dip Below 6%

Home sellers are starting to come off the sidelines to meet buyer demand as mortgage rates steadily decline, with new listings and pending sales both posting their smallest drops in four months.  A homebuyer on a $2,500 monthly budget can afford a $400,000 home for the first time in four months as mortgage rates dip … Continue reading Housing Market Update: $2,500 Monthly Budget Buys a $400,000 Home For First Time Since September As Rates Dip Below 6%