Home buyers are feeling the pinch of rising costs more than renters.
The median monthly mortgage payment was almost one-and-a-half times as much as the median monthly asking rent in the second quarter, the largest differential in records going back to 2009, according to data tracked by the Mortgage Bankers Association, an industry trade group.
Read more...Rising Mortgage Rates Complicate Decision on Buying Versus Renting via WSJ
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