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Realtor.com and Veros Real Estate highlight persistent market challenges, but emerging affordability hubs offer glimmers of hope.
Both the 30-year and 15-year fixed mortgages reach their highest levels since November.
30-year fixed (6.81%) and 15-year fixed (6.24%) reach highest levels since Nov. 10 last year.
Housing inventory slipping, prices declining as real estate company walks back its sunny November predictions.
3 separate reports show low inventory affecting homebuyers’ perceptions.
Both 30-year and 15-year fixed rates rose more than 20 basis points.
