US banks seized 42% more homes in August than last year as more borrowers failed to repay loans.
30-year mortgage rates reached 7.60%, the highest since Nov 2023.
Home ownership is no longer affordable for the average US citizen.
✔️ @venture
US banks seized 42% more homes in August than last year as more borrowers failed to repay loans.
Venture Capital
@ventureThe official channel of V3V Ventures. We share updates on our investments, portfolio companies, and fund activities. Buy Ads: @strategy (this is our only account).
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