High Mortgage Rates, Prices to Keep Squeezing Home Buyers in November
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Mortgage rates will remain high in November, keeping many prospective buyers out of the market.
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Home prices are expected to stay high as well, providing little relief for buyers.
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Low housing inventory will persist, with few homeowners choosing to list their homes.
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November will likely be a difficult month for those looking to buy a home.
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Prospective home buyers should carefully budget to keep total housing costs under 30% of take-home income.