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With waning affordability and rising mortgage rates purging the market, both LendingTree and First American saw a recent uptick in adjustable rate mortgages.
Salt Lake City topped the list and San Francisco brought up the rear.
Reported a net loss from continuing operations of $10.8 million, compared to a $48.4 million profit in the fourth quarter of 2021.
A report revealed that close to 10 million homeowners, age 65 and older, still make mortgage payments on their homes.
Although 88% of consumers would rather own a home than rent, nearly half of those who rent fear they will never be able to afford a home.
