Higher bond yields are pushing borrowing costs up just as the housing market heads into a slower fall stretch.
More than 40 residents were displaced as inspectors cited tampering, failed alarms and fire-door problems at two West Michigan Street buildings.
The average 30-year fixed rate hit 7.03%, the highest level since January 2025, as bond yields, inflation worries and weaker demand strain home shopping.
A vacant house can hide HVAC issues that only show up once the system starts moving air again.
Local lenders and realtors say affordability matters more than the headline rate as Texas continues to attract buyers and San Antonio sales outpace the state and nation.
Residents say the second-largest property manager in the U.S. brought lease confusion, billing disputes and a frightening overnight incident.
Higher borrowing costs are squeezing budgets, changing what buyers can afford and shaping how sellers price homes.
Higher bond yields, a firmer Fed outlook and scarce housing supply are keeping home loan costs elevated for buyers.
Freddie Mac said the average 30-year mortgage crossed 7% again as higher Treasury yields and renewed inflation pressure pushed borrowing costs up.
The average 30-year fixed rate moved to 7.03%, its highest level since mid-January, while 15-year loans also climbed.