Housing prices are high, mainly because when the pandemic was raging, few got built. Now prices are escalating because of material shortages. As for mortgage rates, the difference between what the lenders pay , and what they charge borrowers, is called price gouging.
Housing prices are high, mainly because when the pandemic was raging, few got built. Now prices are escalating because of material shortages. As for mortgage rates, the difference between what the lenders pay , and what they charge borrowers, is called price gouging.