
the staff of the Ridgewood blog
Ridgewood NJ, U.S. housing affordability fell last month to near the lowest level ever as home prices surge. Mortgage interest rates now exceed 5.2% – up from 3.6% two years ago. And the Fed is raising rates again – as it should – but this too will likely raise mortgage rates.
Continue reading U.S. housing affordability Tanks in Shades of 2008