homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

January 7, 2019

Buyers face a tougher housing market

  • Economists say buyers will have more options to choose from but they'll be more expensive.
  • By ALEX VEIGA
    AP Business Writer

    Americans' path to homeownership is likely to get more expensive this year, even as a severe shortage of homes for sale shows signs of easing.

    Mortgage rates, which climbed through much of last year, will continue to rise in 2019, driving up homebuyers' borrowing costs and shutting others out of the market entirely. The projected result: a cooling housing market and falling home sales nationally.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.