Over 80% of Americans think it's a bad time to buy a house
Four out of every five Americans believe it isn't a good time to purchase a house, as spiking mortgage rates and low inventory levels fuel an affordability crisis.
for July, 82% of respondents said it was a"bad time to buy" a new home, the highest level on record since the mortgage financier started its poll in 2010.The poll comes at a time when housing affordability has plunged to a 37-year low, per data fromThe average 30-year fixed-rate mortgage has risen from under 5% to nearly 7% over the past year, according to
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