SEATTLE, October 29, 2024--(NASDAQ: RDFN) — A homebuyer on a $3,000 monthly budget has lost $33,250 in purchasing power over the last six weeks, with the daily average 30-year fixed mortgage rate rising to 7% on October 28, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
Florida's Housing Affordability Worsens as Property Taxes Rise, Redfin Says