...first-time homebuyers, with 80 percent of its purchase loans coming from this group of buyers. Combined, first-time buyers made up 59.3 percent of purchase loans. Mortgage affordability has increased as...

...quarter as they continue to face headwinds from rising mortgage rates, tight supply, and strong home-price appreciation, which have drastically reduced refinance activity and restrained home-purchase affordability,” said Doug Duncan,...

...are starting to feel an affordability squeeze as buyers begin to balk at the sustained, rapid rise in prices that have followed the strong job growth and high housing demand...

...a bit might actually be a positive in the months ahead,” said Adam Contos, CEO at RE/MAX. “It could level affordability to some extent and create more opportunity for buyers...

...values continue to grow at an annual pace exceeding inflation. This can hurt affordability and hinder first-time buyers from entering the market.” Home prices charted up in three of the...

...at growth as housing activity lost steam across the board. Crimped supply continued to support home price hikes while helping block affordability, the ESR Group reported. In the face of...

...view conditions as good than poor. Recently, the NAHB reported that home affordability had fallen to a decade low. Read more about this report: Housing Affordability at Its Lowest in...

The affordability of homes has declined to the lowest point in 10 years, according to a National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) report. The report...

...but with affordability pressures mounting, further spikes in mortgage rates will lead to continued softening in home price growth," Khater said. "There continues to be a steady rate of job...

...that, things look quite the same as the previous quarter—rising prices, scant inventory, waning affordability. After prices rose 5.3 percent over the year in the second quarter, NAR Chief Economist...