The housing market has been hot since 2020, due largely to the fact that mortgage rates have been really low for a solid year and counting. In fact, buyers have been so desperate to take advantage of low mortgage rates that they've been paying record-high prices for homes. In June, applications to purchase a new home decreased 3% from May, reports the Mortgage Bankers Association.
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting