Balance today: News You should know December 21, 2022

Reports have been a little suffering and dark about the future of the apartment market this week. Builders in Outlook for homebuing activities, and in turn, they are not planned as they do in the past.

Current houses, high interest rates are higher than mortgage loans and are not very good to avoid buying new houses in people. The less recipient caused the landlords to list their property.

According to a report released by the National Realtors Association, the existing home sales decreased by 7.7% in November and the total number of houses purchased was 6.6% and nearby history.

As a result of a lesser choice and a descent, the Association of Mortgage Bankers said that applications to get a house today are down last week.

However, despite all the bad news, there may be some things to wait in the upcoming annual housing market.

Favorites are hindered with higher interest rates in the last few months, but these high mortgage expenditures have reduced the demand prices of their homes. Mortgage expected to fall in the coming months with interest rates, it can open an opportunity to get an opportunity to get home to get home.