BRI Says Westchester Rent Hike Falls Short; Warns of Long-Term Consequences
BRI officials stated that while the new increases prevent another destructive rent freeze, they once again fall short of what is required to keep up with rising costs.
Long-term mortgage rates can be expected to trend lower because lower inflation means less added premium to borrow money. But rates will not return to the 4%–5% range that occurred during Trump’s first term.
WASHINGTON—Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, slipping
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