Mortgage Rates Are Not Too High. What’s too High Are Home Prices that Exploded by 40-70% in 2 Years, Creating the “Affordability Crisis”

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Mortgage Rates Are Not Too High. What’s too High Are Home Prices that Exploded by 40-70% in 2 Years, Creating the “Affordability Crisis”

wolfstreet.com/2025/11/29/mortgage-rates-are-not-too-high-whats-too-high-are-home-prices-that-exploded-by-40-70-in-2-years-creating-the-affordability-crisis

But there is a solution to this affordability crisis.
By Wolf Richter for WOLF STREET.
For about the past three months, the average 30-year fixed mortgage rate has been around 6.25%, give or take a few basis points. In the latest reporting week through November 26, it was at 6.23%,…

This story appeared on wolfstreet.com, 2025-11-30 02:35:20.