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Search Results for: Affordability

Putting the Customer First

...What do you think are the most critical issues facing the mortgage industry today? Stubbs // We must address the issue of affordability. Millennials are trying to enter the market...

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Where the Housing Market Is Headed

Fed homeownership survey

...means home prices are primed to rise further this year too, hindering affordability conditions for homebuyers in markets across the country.” Until then, the widespread shortage of homes for sale...

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Deep Diving into Existing Home Sales

Pending Home Sales

...April were on the market for less than a month. “With mortgage rates and home prices continuing to climb, an increase in housing supply is absolutely crucial to keeping affordability...

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Confidence Slips Among Homeowners, Buyers

mortgage rates

Homeowners, especially millennials looking to upgrade from their current homes, are increasingly losing confidence in the affordability of the housing market according to the latest quarterly Modern Homebuyer Survey by...

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Mortgage Rates Approach 2011 Levels

...prospective buyers," Khater said. Hale said: "Mortgage rates are expected to approach 5 percent by the end of the year, but even with higher prices and rising rates, affordability of...

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Homebuying vs. Mortgage Apps

mortgage application

...applications are going to continue to grind down," said Brian Surgener, SVP Strategy, and Analytics at BBMC Mortgage. "One item we need to keep an eye on is affordability." The...

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Is the Single-family Market Losing Steam?

...lower price point. “The change towards multi-family could be the initial signs that affordability is starting to impact the mix of construction. Multi-family units are at lower price points and...

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