08/30/2022
Given the sharp increase in mortgage rates, affordability challenges are likely to persist in a strained housing market.
We collaborate with local and regional developers to build more affordable, quality homes to combat the affordability gap and increase homeownership in the Memphis area.
Read The Wall Street Journal's article for more context on current mortgage rates.
The average 30-year fixed mortgage rate has nearly doubled from a year ago, the latest challenge for a cooling housing market.