...7.6 percent and homes are selling 7.6 percent faster than a year ago. Per the First American Real House Price Index, affordability was down 9.6 percent in August 2017, as...
Read More »Search Results for: Affordability
Breaking Down Homeownership Obstacles
...of the median borrower’s income. According to Urban Institute, if interest rates reach 4.75 percent, national affordability will return to historical average affordability. To view the full report, click here....
Read More »The Housing Survey Says . . .
...revealed that 46 percent of mortgage professionals believe that having a sufficient down payment is holding back this demographic, while another 35 percent cited affordability. Round out the poll were...
Read More »House Votes to Re-up Flood Insurance Program
...reauthorize the program for five years and come with a slew of other reforms that would, in effect, raise premiums and cut into affordability for policyholders. According to the Congressional...
Read More »Differences Aside: Homeownership is the American Dream
...on political affiliation.” Gudell continued, “As we debate the national and local politics surrounding affordability and tax reform, it's worthwhile to pause and remember a value most of us can...
Read More »Buyers Will Need an Extra $7,000 to Afford Down Payment in 2018
...that the price of his or her desired home has moved out of their budget a year later. To read the full analysis and view Zillow's affordability calculator, click here....
Read More »Top 10 Markets for Veterans to Call Home
...WalletHub’s 2017 Best and Worst Places for Veterans to Live report compared the 100 largest U.S. cities across 17 key indicators, from livability, affordability, and veteran-friendliness. Ranking No. 1 is...
Read More »Monitoring the Market: New Mortgage Numbers Out Now
...market longer-term, affordability across most of the country still remains favorable to long-term benchmarks. “In looking at the affordability landscape across the country, we certainly see varying levels of affordability...
Read More »Simplifying the Mortgage Assistance Process
...loss mitigation learned from the housing crisis—accessibility, affordability, accountability, sustainability, and transparency. The article noted that extensive borrower testing revealed a number of opportunities to make the form more user-friendly,...
Read More »Dream Analysis: The State of Homeownership
...student debt into new mortgages “The borrower would have one payment, lower than the two individual payments, promoting greater affordability and supporting first-time homebuyers,” the report stated. The report also...
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