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Search Results for: Affordability

Is a Credit Crunch Coming?

...risk and conserve their cash if needed.” Fleming continued: “Affordability and lack of inventory remain the primary challenges to housing market potential. While credit conditions tightened in the March NFCI...

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Rise in Rates Hampers Mortgage Apps

...6.43%, which led to purchase applications declining 10%,” said Joel Kan, MBA’s VP and Deputy Chief Economist. “Affordability challenges persist, and there is limited for-sale inventory in many markets across...

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Q1 Home Prices Up Nearly 5% Percent YoY

...Economist. "Still, the fact that prices rose slightly in the first quarter is evidence of significant pent-up mortgage demand, despite ongoing affordability constraints. Even though mortgage rates remain elevated compared...

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