borrowing rates

In the hottest season for home sales in the United States, the affordability window is rapidly closing. Spring brings a surge in property sales in the United States, but this year’s buyers are in a dangerous position. They’re racing against the clock to beat skyrocketing borrowing rates and soaring prices that threaten to put them out of business – a direct opposition to the Federal Reserve’s efforts to moderate the overheated housing market by boosting interest rates.