New York Fed President Says Housing Affordability ‘Number One Issue’ for Economy
Above, New York Fed President John C. Williams, left, at the MBA conference. Photo by Clarissa Garza. NEW YORK CITY—Providing ...
Tag: Housing Affordability
Purchase Application Activity Up 18% Over Last Year as Rates Remain Steady for 17th Week
Mortgage rates ticked up this week but economists are also pointing to some positive news for housing this week: Purchase ...
Stuck, Sinking or Striving: New Affordability Analysis Shows Markets on Diverging Paths
Deep into an affordability crunch, as one of the primary barriers to homeownership remains soaring costs, the urgent question is ...
Mortgage Applications Increase as Rates Continue Holding Steady
Continued steady mortgage rates this past week resulted in a slight increase in mortgage application volume as the spring market ...
Affordability Remains Challenged as Home Prices See Quarterly Gains
Housing affordability—the hurdle holding many potential buyers back from taking the leap into ownership—remains a distinct challenge in the market ...
Stable Mortgage Rates Sparking Continued Purchase Applications
Zero movement on mortgage rates this week, but the continued steadiness of the average rate remaining in the mid-sixes for ...
Dip in Rates Last Week Sees Mortgage Applications Rebound
A combination of economic and employment news last week that sent mortgage rates back to some lower rates we saw ...
A Slight Decrease for Mortgage Rates This Week
Stubbornly elevated but steady is how economists are positioning average mortgage rates over the last several weeks, ticking up and ...
Mortgage Applications Drop for Third Consecutive Week
Applications for home purchases saw more declines of late, falling for the third-straight week amid tariff and trade uncertainty and ...
Mortgage Applications, Refis Down Again After Rates Hit 2-Week High Point
Two weeks after the average 30-year mortgage rate hit its lowest level since October and home purchase applications surged 20%, ...
4 Hidden Costs of Homeownership Clients Should Understand
First-time buyers could not know all the expenses that go along with owning a property. Obvious ones like taxes and insurance can skyrocket year over year. Read more.
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