: ‘Seller financing’ can help home buyers pay their mortgages. What’s the catch?

by | Nov 1, 2023 | Stock Market

The housing market has become so expensive that some sellers are offering to help pay their buyers’ expenses, including their mortgage. With mortgage rates at a 23-year high and home prices staying put, housing affordability has worsened to the lowest point since 1985, when rates were in the double digits. Sales of previously-owned homes are on track to end the year at a pace that’s the slowest since the Great Recession in 2008.   The…

Article Attribution | Read More at Article Source

Share This