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A growing share of working-age renters are having difficulty keeping up with housing and utility costs, according to forthcoming analysis from Urban Institute researchers examining affordability trends from 2019 through 2025. The analysis draws on the Urban Institute’s nationally representative Well-Being and Basic Needs Survey, which is conducted annually. Researchers examined the share of adults […]

More than a few media outlets will tell you that 30yr fixed mortgage rates are just now moving over 7% based on the fact that Freddie Mac’s weekly rate survey hit 7.03%, up from 6.95% last week.  Before continuing, let’s be clear that Freddie’s weekly rates are a valuable resource for long-term, big picture analysis.