...in Q2. Housing affordability worsened in Q3 because of increasing home prices and mortgage rates. The monthly mortgage payment on a typical existing single-family home with a 20% down payment...

...housing affordability, inflation, and the increasing cost of living. The study’s findings also highlight the need for accessible financial education, particularly as young adults prepare for major life purchases. For...

...campaign aims not to end until every veteran and servicemember knows the power of what they've earned. "VA home loans offer many benefits, especially at times like this when affordability...

...the number of restaurants, bars, and activities per 1,000 residents. The Affordability Index–which previously focused solely on housing affordability–now factors in price parity, a Bureau of Economic Analysis data point...

The Fannie Mae Home Purchase Sentiment Index (HPSI) remained largely flat in October as consumer frustration toward housing unaffordability and an economy battling inflation continued to depress overall sentiment. Despite...

...even with mortgage rates at 22-year highs. This shows that a lack of credit access is as much a barrier to homeownership as affordability, and highlights the urgent need to...

...income needed to cover P&I has averaged below 25%. Affordability pressure is not coming from interest rates alone, though. The last time affordability was this bad in the 80s, rates...

...two years ago. The Mortgage Bankers Association (MBA) reported that homebuyer affordability improved slightly in the month of September, with the national median payment applied for by purchase applicants decreasing...

...improve homebuyer affordability heading into 2024.” Jones added, “This week’s economic developments are slightly on the positive side of neutral for mortgage rates. The shift in bond issuance did not...

...of other industry participants and will improve the valuation of these homes for borrowers seeking FHA-insured mortgages. These changes also contribute to FHA’s efforts to increase the availability and affordability...