Housing Market
The US housing market is experiencing a decline in sales due to rising mortgage rates and record HOA fees. Homebuyers are facing challenges in affording homes, despite some tax breaks available for those who purchased properties in 2025.
Rising mortgage rates and record HOA fees are affecting home affordability. Mortgage rates have been climbing since the Iran conflict began. The spring housing market is slow due to bad weather, high mortgage rates, and reluctant sellers. Homebuyers can claim tax breaks on their returns. Mortgage rates have been increasing after a steady decline. The housing market is stalled, despite lower rates.
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