As Affordability Challenges Persist, Middle-Income Housing Programs Take Center Stage
While some markets may be starting to see a slight easing in home prices, housing affordability remains a consistent challenge ...
Tag: Housing Affordability
Mortgage Rates Fall, in Line with Welcomed Cooling Consumer Prices, Jobs Numbers
Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year ...
Mortgage Applications Dip, Refinance Activity Down Almost 35% as Rates Remain Elevated
As the 30-year average mortgage rates teased 7% this past week, mortgage application activity saw a second-straight week of decreases, ...
Report: Home Affordability Gets Tougher in Q2 as Prices Rise
A new report from ATTOM, released July 3, shows that median-priced single-family homes and condos remained less affordable in the ...
Bright MLS Lowers Projections for Sales, Inventory as Affordability Stings Buyers
An expensive market has long been a pressing issue at the forefront of potential home purchases for young homebuyers, and ...
Mortgage Rates Dip for Fourth Week Straight, Hit Lowest Level in 3 Months
The averaged 30-year-fixed-mortgage rate stepped down for the fourth-straight week, dipping to 6.68% from 6.87% last week and marking its ...
Harvard Report Shines Light on Affordability Crisis and ‘Alarming’ Rates of Housing Cost Burden
The Joint Center for Housing Studies (JCHS) of Harvard University recently released its annual “State of the Nation’s Housing,” and ...
Mortgage Rates Continue to Move Down
On the heels of the Fed standing firm on keeping its benchmark rate unchanged, mortgage rates trickled down again this ...
Study: Partisanship Has No Effect on the Supply of Housing or Affordability
A new working paper produced by Joseph Gyourko and Fernando Ferreira—two researchers at The Wharton School of Business at the ...
Mortgage Rates Pull Back Again
Mortgage rates pulled back again after creeping up over 7% last week, ticking down to just under, averaging 6.99% this ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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