Dossier
Colton Pace
Coverage of Colton Pace in the Nexus archive.
- The 30-year fixed mortgage was supposed to be predictable. Two costs quietly broke that promise
A survey found 76% of U.S. homeowners experienced higher-than-budgeted property taxes in recent years, with 40% considering moving due to rising costs. Rising property taxes and insurance are undermining the predictability of 30-year fixed mortgages, creating affordability challenges for homeowners.