...more potential homebuyers need to know about these products are available to them in their time of need to procure the home of their dreams. In these times of affordability...
Read More »Search Results for: Affordability
Weak Growth Will Continue as Housing Slows
...housing affordability is still a major constraint for potential homebuyers. As a share of median household income, the estimate of the principal and interest payment on a median-priced home is...
Read More »Housing Problems Faced by America’s Seniors
...assistance can provide needed stability to these households and help address a growing homelessness crisis among older adults. “Affordability challenges are disproportionately felt by older people of color,” Molinsky said....
Read More »Renters Feel the Squeeze of a Tightening Housing Market
...has created even greater housing uncertainty for the most vulnerable renters,” said Kevin Palmer, Head of Freddie Mac Multifamily. “Our survey shows that the national housing affordability crisis is worsening,...
Read More »IMBs Report Profit Losses in Q2
...the usual Spring seasonal pick-up in purchase activity, in an environment of higher mortgage rates, low housing inventory, and affordability challenges,” said Marina Walsh, CMB, MBA’s VP of Industry Analysis....
Read More »Inconsistent Mortgage Rates Dip Once Again
...Mac’s Chief Economist. “The market continues to absorb the cumulative impact of the large price and rate increases that led to a plunge in affordability. As a result, over the...
Read More »Black Renters in ‘Harsh’ Situation
The fact that housing and mortgage rates have done nothing but rise over the last year has hampered affordability across the board, but the impact on Black renters in particular...
Read More »Potential Home Sales Model Reports Slowing Sales
...market from the potential home buyer’s perspective According to Fleming, while household income increased by about 4.7% in July, it was not enough to offset the affordability loss from the...
Read More »Mortgage App Activity Bottoms Out to 22-Year Low
...applications continued to be held down by rapidly drying up demand, as high mortgage rates, challenging affordability, and a gloomier outlook of the economy kept buyers on the sidelines.” Also...
Read More »Where Are the Housing Market’s Hottest ZIP Codes?
...out-of-ZIP home shoppers, driven by factors including relative affordability and convenient travel to big East Coast cities. The 2022 Hottest ZIP Codes in America, in rank order, are: 14618 Brighton,...
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