Harvard Study Investigates Renters’ Cost Burdens and Prescribes Solutions
Many Americans are renters—and while it’s still considered a more affordable option than buying a home, renting comes with its ...
Tag: Housing Affordability
Mortgage Rates Drop to their Lowest Level in 19 Months
Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability ...
Ahead of Expected Fed Rate Cut, Mortgage Applications Increase for Third Straight Week
Home purchase applications edged up for the third straight week, increasing 1.4% from last week’s increase of 1.6%, as mortgage ...
Urban Institute Lays Out Paths to Permanently Affordable Housing
As the 2024 Presidential Election closes in, voters feel that candidates should do more work on housing issues, according to ...
Paying More for Less: Home Sizes Shrink As Costs Go Up
It’s no secret that home affordability across the country has been an ongoing issue for years. Many are left wondering ...
Mortgage Rates Continue Falling Ahead of Expected Rate Cut
Falling to its lowest level since May 2023, the average 30-year-fixed mortgage rate fell again this week to 6.35%, down ...
Median-Price Existing Homes Less Affordable Than New Homes in Q2
The National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in Q2 2024, a family ...
Treasury Department Unveils New Initiatives to Aid Housing Affordability
As Americans prepare to head to the polls in the fall, one subject will be on the mind of almost ...
Mortgage Rates Remain at Lowest Level in Over a Year
With the exception of one increase over the Fourth of July, the average mortgage rate has either dipped or remained ...
Mortgage Applications, Refinance Activity Surge for Second Week in a Row
Increased mortgage application activity reached a new record this week, increasing 16.8% from one week earlier, when it hit its ...
3 Business Moves Agents Should Make Before Summer
As the market heads into the summer season, the groundwork you lay now can determine whether the coming months are productive. Agents can use this time to reconnect with clients and position themselves for more listings. Here are three smart business strategies to make before summer arrives. Read more.
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