1 in 3 Millennials Delay Home Buying as Interest Rates Rise
Most millennials are prepared to take drastic measures to buy a home, with 65% saying they would pay up to a 10% mortgage rate and 23% admitting they would buy at 15% or more, according to a new study from Clever Real Estate. A combination of high-interest rates, inflation, and stagnant wages are financially squeezing…
